Major Indices

Nasdaq Futures Trading Outlook For June 22

Stock Market Futures Trading Considerations For June 22, 2017 Landlocked trading on the Nasdaq (INDEXNASDAQ:.IXIC) was the hallmark of yesterday. With generally sideways momentum, pullbacks will likely see buyers, delivering a lower high. Sellers are definitely present, though. Check out today’s economic calendar with a full rundown of releases.  And note that the charts…

How Does 2017 Compare To Stock Market Peaks In 2000 And 2007?

2000 Dot-Com Market Peak: The 200-Day Moving Average Was Helpful “I think one of the secrets to trading success is cutting down the number of trades you make.” –  Michael Marcus, Market Wizards A market’s 200-day moving average (thin red line in charts below) can assist in monitoring investors’ net…

S&P 500 and Nasdaq Futures Weekly Trend Analysis – June 19

THE BIG PICTURE – What’s Ahead? The Dow Jones Industrial Average (INDEXDJX:.DJI) and S&P 500 (INDEXSP:.INX) held and closed above their weekly opens while the Nasdaq (INDEXNASDAQ:.IXIC) pulled back to close out its next open gap before finding support near the the 50 day moving average. The Dow Jones remains the strongest of the big…

S&P 500 Futures Trading Outlook For June 19

Stock Market Futures Considerations For June 19, 2017 Range bound motion on the S&P 500 (INDEXSP:.INX) continues this morning as we approach resistance once more.  We are breaking above the top of the range resistance near 2440.5 to 2443.5. Breakouts seem likely with a run of stops ahead. Check out…

Equal Weight S&P 500 Playing To Bulls & Bears

A look at the Equal Weight S&P 500 has something for both the bulls and the bears. A hot, and much debated, topic of late in equity market circles is the issue of market breadth. As a refresher, breadth refers to the level of participation among all stocks in the…

Dow Jones: Price Pivots and Bradley Model Converging For A Top

The stock market has continued to ramp higher in 2017. But, as we enter summer, the Dow Jones Industrial Average (INDEXDJX:.DJI) may be nearing a major top. Time To Check The Price Pivots… The Dow Jones Industrial Average is testing strong resistance at the YearlyR1 Pivot at 21,350. YearlyR1 Pivot…

S&P 500 Futures Trading Outlook For June 15

Stock Market Futures Considerations For June 15, 2017 The overnight fade leads us deep into support on the S&P 500 (INDEXSP:.INX). That support on the futures comes in at 2420. Check out today’s key trading levels below. Note that the charts below are from our premium service at The Trading…

S&P 500 Futures Trading Outlook For June 13

Stock Market Futures Trading Considerations for June 13, 2017 The S&P 500 Index (INDEXSP:.INX) is rebounding and looks poised to test key price resistance. A breakout will lead to a test of higher price regions. Read below for more details. Check out today’s economic calendar with a full rundown of releases.  And…

Update On Key Stock Market ETFs Using DeMark Indicators

After Friday’s Nasdaq beatdown, it may be useful to look at some DeMark charts to keep things in perspective. Today I’ll look at daily and weekly charts for the PowerShares Nasdaq 100 ETF (NASDAQ:QQQ), the SPDR S&P 500 ETF (NYSEARCA:SPY), and the iShares Russell 2000 (NYSEARCA:IWM) – all through last…

S&P 500 Futures Trading Outlook For June 12

Stock Market Futures Considerations For June 12, 2017 Friday’s selloff tested breakout support for the S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) before bouncing. We are now testing the first level of resistance. What happens here may set the tone today. Check out today’s economic calendar with a full rundown of releases.  And…