Latest Posts

The Day Ahead 2017-08-17

The S&P 500 futures are lower as I type. Think we should assume that carries into the day session.

The Day Ahead 2017-08-16

Since the futures held overnight, need to allow the SPX to try to poke past the last couple days of consolidation with 2475 to 2477 SPX as the main attractor for price.

The Day Ahead 2017-08-15

Today the bears should try to make a stand and attempt stepping in to set a lower high in the SPX. How successful they will be is an open question.

The Day Ahead 2017-08-14

The day will start with a gap up on the S&P 500. Expect prices to drift higher and hold today.

Copper futures 20170-08-12

I just can’t get excited about this move up in copper as being the start of a major break higher. Instead, I still see this as the calm before the storm.

The Day Ahead 2017-08-11

Finally making some progress in a summer correction in the S&P 500. There may be a modest move lower in the early morning but expecting consolidation day.

The Day Ahead 2017-08-10

Yesterday was expected to bounce in the morning but that bounce lasted all day. Now in the process of attempting to break the broader range by moving lower though not expecting that to be easy. Probably have to deal with at least a choppy morning but my bias is to lower.

The Day Ahead 2017-08-09

The S&P 500 ran up into a new high yesterday and came under some initial selling pressure. That selling resumed overnight which will start the day with a gap down. I want to see selling resume during the day session but will allow for an early morning bounce.

The Day Ahead 2017-08-08

Today probably the same as yesterday. A mild positive bias in the equity indices.

Euro futures and ETF 2017-08-07

This is a post to consolidate the various Euro oriented charts that I have been working on over the last week or so.