S&P Daily Pre-Market Prep 2/19/16
The range is still unresolved in my opinion. We do seem to be holding the top of the range but sellers have not shown up yet, so my bias at this point is still neutral and still waiting for volume to...
The range is still unresolved in my opinion. We do seem to be holding the top of the range but sellers have not shown up yet, so my bias at this point is still neutral and still waiting for volume to...
A simple day today. We've hit the top of the range, so now we are waiting to see if we can break the range or head back down to 1800. .
We are still headed up and the higher we get, the closer we get to the point that any down move can be considered failure to reach the top of the range. So 1929 is the top of the range but there's no...
Bigger picture is that we have tested the January lows. Now expectation should be that we now move up to the top of the range which is 1929.We could fail and if we do fail before testing 1929, then...
We are still in the same place as yesterday. Still looking to see if we can push down through the range we have been in this year and make headway downwards or if we'll return to the range high of...
We did fall back into the range yesterday and overnight we've dropped below it, through the 1814 level. We haven't been as low as the January low of 1804.25 but we should keep an eye on that area.So...
Yesterday we were looking for signs the market had bottomed out and we didn't get that. What we got indecisive. Overnight, we have seen a push up, so I'm looking for signs of continuation at the...
Well - you have to laugh at the financial press "doom and gloom as market sells off on poor employment numbers" - yes, it sold off on Friday and went all the way down to Wednesdays low...
We were looking at 1866 for a buy yesterday and we go to 1865 before turning up. This is a very indecisive market - so trying to predict scenarios here is a bit tough. I'm still of the overall...
Opinion pretty much unchanged from yesterday. We settled just 5 ticks above Fridays settlement. I still see upside potential as long as we stay above 1900-1901 and I see 1929 above as a hurdle we...
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