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Posted by Peter Davies on September 13, 2016

S&P Daily Pre-Market Prep 9/13/16

Yesterday we had

Quoting 
After a big move day, we often get a push in the opposite direction, so a snap back up has to be one of our scenarios today. We also need to keep an eye on the...
Posted by Peter Davies on September 12, 2016

S&P Daily Pre-Market Prep 9/12/16

Trading December contract now.

Big drop and huge volume on Friday. Today is 'officially' the day that volume comes back into the markets. So the last of the absent traders will be back.After a big...

Posted by Peter Davies on September 07, 2016

S&P Daily Pre-Market Prep 9/7/16

Today, we are basically in the same place as yesterday....

Quoting 
We are still in the range, although at the top of it, so wary today of a turn down. We are at last weeks high but not the...
Posted by Peter Davies on September 06, 2016

S&P Daily Pre-Market Prep 9/6/16

Trader slowly drag themselves into the office today after the break. Caffeine drips all round. Diets commenced. Detoxification started. It often takes the market till early next week to pick up but...

Posted by Peter Davies on September 02, 2016

S&P Daily Pre-Market Prep 9/2/16

Well - we got our break as per yesterdays prep and plenty of people did indeed jump on the move. A couple of very clear opportunities on the way down too - first one was 2 attempts to push up through...

Posted by Peter Davies on September 01, 2016

S&P Daily Pre-Market Prep 9/1/16

We do seem to be threatening the bottom of the range and this is the first time we've hit the range extreme twice without hitting the other side in between. Volume was up yesterday 1.6 million.Still...

Posted by Peter Davies on August 31, 2016

S&P Daily Pre-Market Prep 8/31/16

Well - this month won't be missed.

Still in the range, still poor volume. Yesterday was pretty much an inside day. My upside bias still stands as we have hit the bottom of the range and not the top....

Posted by Peter Davies on August 30, 2016

S&P Daily Pre-Market Prep 8/30/16

Still in the range - we had some nice volatility on Friday but it's settled down now, volume was back to 1.2 million. Labor day in the US is on Monday and usually it's the following week that we get...

Posted by Peter Davies on August 26, 2016

S&P Daily Pre-Market Prep 8/26/16

Still in the range, we've hit the bottom, so now expecting a move to the top. Possibly a headfake down first.

Posted by Peter Davies on August 24, 2016

S&P Daily Pre-Market Prep 8/24/16

Very low volume yesterday, just over 1.1 million traded. All my horizontal lines disappeared off my chart too - which means it's probably my lucky day.

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