Welcome to our updated website! If you’re a subscriber and are having any difficulties logging in, please let us know in the chatroom or email us at email@example.com
Some of our recent posts:
If the S&P 500 does not rally in a serious way from 2746 SPX then I am forced to look for a somewhat larger correction from June 13th. Some support at is at 2735 SPX with more important support lower at 2721 to 2717 SPX. I'm sticking with the overall theme that this is a corrective structure that will eventually break higher. The good news that this should resolve itself this week or prove to be false.
The grand theme that I have been operating under is that the S&P 500 and US equity indexes in general should have a rise into middle of June at a minimum and perhaps into the next cycle inflection at the end of August. If the S&P 500 had a completed five wave impulse to a test of or new high with this cyclic positioning, I would be claiming a high was being set. The wrinkle in the plan is that we don't have a test of the high nor a very satisfying formation. Up to this point I've been pounding the table for the prospects for higher but I'm going to pull in my horns a bit now. I still think it wise to allow for higher but prudent to manage any long positions you may have. After all, the Russell 2000 and Nasdaq 100 have made new highs over that of early this year and wouldn't be shocking to have intermarket divergences at the top.
Hit your targets
We believe an independent trader can succeed and profit in the markets, and we’re committed to helping our subscribers trade well on the time frame that best suits them. We founded Trading On The Mark in 2008 to help traders overcome some of the challenges of market analysis and trade execution. If trading futures and options based on technical analysis appeals to you, then you’re the kind of trader we want to work with.
TOTM’s technical approach is grounded in Elliott wave and Gann techniques, while also making use of Fibonacci relationships in price and time, historical cycles analysis, proprietary technical indicators, and other more esoteric methods.
What people say about TOTM
Tom Pizzuti and Kurt Hulse make a great team and are respected veterans in the trading and research world. Their Elliott wave chart work has been held in high acclaim by traders and investors for many years. — Andrew Nyquist, C.E.O. See It Market
If you love trading, I highly recommend Tradingonthemark! Tom, Kurt offer great charts and other technical stuff. It has improved my trading! — Moiz, intraday trader and long-time subscriber