by Admin | Aug 3, 2017 | Day ahead
I think we remain trapped in the range until tomorrow morning at which point they are able to push SPX up to another high or begin to work lower to retest the break above the June high. Crude is still on track to press against the overhead resist from the trend line...
by Admin | Aug 2, 2017 | Day ahead
The equity indices have been stuck in a mild positive bias for the last couple days. I am not expecting much change in that though still lean to a mild move lower that either gives the market energy to later push up to a new high or begin to break down in a larger...
by Admin | Aug 1, 2017 | Day ahead
There is a somewhat better chance at a pullback today. If the high from last week is to hold, they need to turn down today. Crude is sensing the next overhead trend line but think it should test 50.69 if not higher before moving into much of a consolidation. The DX...
by Admin | Jul 31, 2017 | Day ahead
The E-mini Nasdaq 100 futures touched the 20 EMA on daily bars last week and helped pull the S&P 500 futures to near the same point. Since they were unable to break under on last Friday, we have to assume an effort to push up to test or even best the highs from last...
by Admin | Jul 28, 2017 | Day ahead
I'd like to see the SPX attempt to test the low from yesterday and perhaps a bit under. Probably unrealistic to expect much more than a slight new low today. Quite pleased with the performance in crude so far. Next step is to push to the next trend line. DX still...
