Tag: trading setups
McKesson (MCK) Trading Setup: Bears Still In Control
McKesson Corp's (MCK) average trading price range is $2.45 per day.
Since the middle of 2016, MCK has struggled relative to the entire market.
Part of...
S&P 500 Futures Trading Update: Patience Required
Broad Stock Market Futures Outlook for June 7, 2018
Breaches continue as we move above strong resistance in the indices that will need retesting for strength...
S&P 500 Trading Update: Technical Divergence Taking Shape
Broad Stock Market Futures Outlook for June 5, 2018
Breaches of prior resistance under continued technical divergence. Allow levels to test and fail if you are looking...
S&P 500 Futures Trading Update: Price Levels To Watch
Broad Stock Market Futures Outlook for June 4, 2018
The charts are showing breaches of prior resistance across the stock indices, but under a continued technical...
S&P 500 Futures Trading Update: Do Bulls Have The Momo?
Broad Stock Market Futures Outlook for May 31, 2018
Higher lows edge forward this morning as resistance looms ahead. Some of our indices are tracking...
S&P 500 Trading Update: Where Will The Bounce Stall Out?
Broad Stock Market Futures Outlook for May 30, 2018
The lower lows suggested showed up yesterday as traders forced us into deeper support zones. We are...
S&P 500 Futures Trading Update: Trapped Buyers
Broad Stock Market Futures Outlook for May 29, 2018
Traders in the overnight action have pushed prices into deep support where we attempt bounces for the...
S&P 500 Trading Outlook: 2755 Possible, Then Pullback
S&P 500 Short-Term Trading Outlook (1-2 Days):Â Â BULLISH
The S&P 500 is now within a few ticks of levels that were hit 10 trading days ago,...
US Steel Stock (X) Falls On Easing Trade Tensions
US Steel (X) traded 5% lower on Monday morning, after trade tensions between the US and China eased dramatically over the weekend.
Treasury Secretary Steven...
S&P 500 Futures Trading Outlook: Up, Up and Away?
Broad Stock Market Futures Trading Outlook for May 21, 2018
Charts have lifted significantly from their close on Friday with news of the US-China trade war on hold. ...