In addition to the posts shown below, most Daily Update posts include a chart and forecast for the S&P 500 Index (SPX).
The Day Ahead 2017-07-20
The main item today is the ECB press conference which is taking place as I type. The S&P rose as expected yesterday, in fact pushed just past the target area that I was looking for. For today, think...
The Day Ahead 2017-06-27
The S&P 500 futures are starting off lower today but above some geometry and daily moving averages making lower a difficult proposition. I suppose there is an outside chance they drop before the New...
The Day Ahead 2017-06-06
The day is starting off with S&P 500 futures lower, dropping in the move that we were shopping for yesterday. While close to support early this morning, think they can continue another four or...
The Day Ahead 2017-06-02
Yesterday was pretty a good job by bullish forces after they finally pushed up over the highs of last week, they kept at it till the close, and even into the overnight Globex session. We could see...
The Day Ahead 2017-05-05
The major news event for the day is the NFP. I'm leaning to the market liking the number and a move to a new SPX/ES high. The proposed move higher can last into early next week if it is slow though...