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Posted by Peter Davies on April 14, 2016

S&P Daily Pre-Market Prep 4/14/16

We managed to make a little progression upside but it's not a clear break yet, so whilst overall bias is still to a test of 2100, I am still wary of this particular push up being a headfake.

Posted by Peter Davies on April 13, 2016

S&P Daily Pre-Market Prep 4/13/16

Up to the top of the range and it does look like it's going to break. Then again, I always think that at the top of every range. So today, the job is to watch what happens up here and then join the...

Posted by Peter Davies on April 12, 2016

S&P Daily Pre-Market Prep 4/12/16

Back from the beach and looks like the market didn't do much while I was gone. I'm still looking for a test of 2100. Right now it's indecisive, I'm still bullish as long as we can stay above the 2020...

Posted by Peter Davies on April 01, 2016

S&P Daily Pre-Market Prep 4/1/16

Still a choppy market but I'm still biased to the upside and looking at 19.75 as a line in the sand for a long trade. Still biased upside towards 2100

Posted by Peter Davies on March 31, 2016

S&P Daily Pre-Market Prep 3/31/16

A sluggish day yesterday but I'm still biased upside, looking for 2100 and ideally looking for people to come in on a test to the downside.

Posted by Peter Davies on March 30, 2016

S&P Daily Pre-Market Prep 3/30/16

The market seems to have taken Yellens comments positively. So into today, looking to see if we can continue this up move and make it to 2100. 

Posted by Peter Davies on March 29, 2016

S&P Daily Pre-Market Prep 3/29/16

Always a tricky start after a holiday. I didn't trade yesterday but the markets were open - but it was still a holiday in many places. Volume was low.So this is the start of the week as far as I am...

Posted by Peter Davies on March 24, 2016

S&P Daily Pre-Market Prep 3/24/16

We broke the range and have put in a decent run down overnight. I'm still watching 2011 as a line in the sand for upside bias. If we can hold that, I think we have a good chance of hitting 2100 next...

Posted by Peter Davies on March 23, 2016

S&P Daily Pre-Market Prep 3/23/16

OK - so same thing as previous days this week, still biased towards us being on the way to 2100. Volume was a little higher yesterday but way below what we've been seeing over the past months. Still...

Posted by Peter Davies on March 22, 2016

S&P Daily Pre-Market Prep 3/22/16

Very poor volume yesterday at 1.2 million. And we didn't stray far from Fridays range , we also stayed within the overnight range in the day session. As usual, when we get a week starting like this,...

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