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Posted by Peter Davies on March 03, 2016

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

We've left the chop zone, so into today with a long bias until I see evidence to the contrary. Volume is decent in this move up but not great.To the upside we do have a level at 2006 but if you look...

Posted by Peter Davies on March 01, 2016

S&P Daily Pre-Market Prep 3/1/16

Yesterday we had "I'm looking for a hold anywhere from here down to 1929 with a view to buyers jumping on when they see that hold. If not, then my presumption will be a trip back to 1800 and more...

Posted by Peter Davies on February 28, 2016

S&P Daily Pre-Market Prep 2/29/16

Early this week, I'm looking for signs of us falling back into the range or the top of the range holding with the prospect of a run up to 2100.I'm looking for a hold anywhere from here down to 1929...

Posted by Peter Davies on February 25, 2016

S&P Daily Pre-Market Prep 2/25/16

We got a nice run down yesterday but still couldn't hold it, so we are back up to the top and the area of indecision. We did get decent volume on the way back up and we need to see if buyers follow...

Posted by Peter Davies on February 24, 2016

S&P Daily Pre-Market Prep 2/24/16

From a longer term perspective it appears the 1929 area is still unresolved. So on that basis, we'd still expect more chop.

We'll leave the weekly profile today as it doesn't tell us much. 

Posted by Peter Davies on February 23, 2016

S&P Daily Pre-Market Prep 2/23/16

Still out of action here.... my ISP support promised a definite fix by 5pm today. The connection then dropped at 5:03, 5:12, 5:50, 5:54, 6:10, 6:20 - so still not able to trade. Still able to prep...

Posted by Peter Davies on February 22, 2016

S&P Daily Pre-Market Prep 2/22/16

I'm, a frustrated trader right now. Internet has been intermittent for over a week and the ISP have no clue what is wrong. It's disconnecting 4-5 times an hour anywhere between 1 and 45 minutes at a...

Posted by Peter Davies on February 19, 2016

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...

Posted by Peter Davies on February 18, 2016

S&P Daily Pre-Market Prep 2/18/16

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. .

Posted by Peter Davies on February 17, 2016

S&P Daily Pre-Market Prep 2/17/16

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...

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