A navigation system for trading the S&P500 index
Cover at yesterdays close of 2108
No CommentsYesterday's 'pop' adds some clarification and I would suggest that it is a strong Buy Signal with the potential of a summer rally into late August.
Certainly looks good on the T volume oscillator.
Dare I suggest 2250 is on the cards. There is a lot of pent up energy in the market.
I have a memorial service to attend to on monday: 'Bless His Everloving Heart'
No CommentsStarting to look like a W shaped bottoming pattern.
Cover short and initiate a S/T Buy Signal at the close at 2101.
No CommentsStrength into expiration? Watch for strength above the 55 ema.
No CommentsDrop out of the gate gives little opportunity to sell. Wait and watch to see if a recovery occurs.
Go short at the close 2084
No CommentsDidnt quite hit the Sell button on monday but arguably pretty close.
and failure of the T volume oscilaltor at the zero line.
Negative futures so looking like it may be confirmed today.
No CommentsTo be pragmatic and because I cant be at my desk for several days, staying out of the way.
No CommentsJust sitting above the sell level, and looking like we really need to find another significant low before moving higher. Still really need the catalyst either way to stop the boring drift.
No CommentsNot much going on here, weak Sell signals but waiting for a catalyst.
No CommentsAnother good bounce after a 20-25 pt sell off.
Not quite triggering a S/T Buy signal but arguably very close.
And a weak OSC Sell signal suggesting that selling credit into strength above here.
No Comments