Major Indices

S&P 500 Could Record First Counter-Trend “Sell” Signal In Weeks

S&P 500 futures (and broader indexes) are showing first signs of weakening down to new 4-5 day closing lows as of today, while the NASDAQ 100 (NASDAQ:QQQ) has been down every day except Tuesday.  This may catch up to the S&P 500 (INDEXSP:.INX) near-term. So while we’ve had 9 consecutive UP…

S&P 500 Trading Outlook For September 22, 2017

S&P 500 Index – Key Trading Levels & Considerations The S&P 500 Index (INDEXSP:.INX) is set to gap down into support at the open. Fades into support are likely today. Here’s a list of trading support/resistance levels to watch today: Bounces are likely to reject at resistance at lower highs….

S&P 500 Chart Spotlight: 2500 and Big Round Numbers

The S&P 500 (INDEXSP:.INX) is still technically in rally mode as the short-term and intermediate-term trends are in tact. However, stocks are sure magnetized to the 2500 level on the S&P 500 and 6000 level on the Nasdaq 100 (INDEXNASDAQ:NDX). For traders, patience some is required. We are all different…

Russell 2000 Volatility Index Hits Record Lows: Trouble Ahead?

Small-Cap volatility expectations just smashed previous record lows. I’ve written a fair amount lately on various themes related to volatility expectations in the stock market. Many of these posts focused on the behavior of volatility expectations relative to their underlying stock market indices, including one last week on the “stand-off” between the Russell…

Stock Market Trends Weekly Update: Bulls Running

THE BIG PICTURE The broader stock market remains in an uptrend. Worries continue to linger, but the best thing to do is follow the price action and avoid anticipation due to “noise”.  If/When we enter a market correction, your process should stop you out of the trade. Without further adieu,…

S&P 500 Futures Trading Update: Time For A Breather?

Stock Market Considerations for September 13, 2017  The S&P 500 (INDEXSP:.INX) is mixed in early trading action. After a multi-day rally, traders will want to be focused resistance levels and how price reacts around those levels. Below are key futures trading levels for the S&P 500, Nasdaq, and crude oil….

S&P 500 Futures Trading Update For September 12

Stock market futures trading considerations for September 12, 2017  The S&P 500 (INDEXSP:.INX) is pointing higher once more on Tuesday. Traders will want to follow the support/resistance levels (and retest levels!) listed below for the S&P 500, Nasdaq, and crude oil. Check out today’s economic calendar with a full rundown of releases. And…

S&P 500 Futures Trading Outlook For September 7

Stock Market Considerations For September 7, 2017 The S&P 500 (INDEXSP:.INX) continues to float higher but is subject to strong layered overhead resistance. What happens near 2470 on the futures market could be a tell. Below are futures trading levels for the S&P 500, Nasdaq, and Crude Oil. Check out…

S&P 500 Trading Update: Tech And Financials Weigh On Bulls

S&P 500 Trading Outlook (2-3 Days)- BEARISH Tuesday’s selloff was bearish for the S&P 500 (NYSEARCA:SPY) in undercutting near-term support, but it managed to hold 2455 by the close which is at least a key level to hold for now. The fact that both Technology (NASDAQ:QQQ) and Financials (NYSEARCA:XLF) fell is a…

Stock Market Trends Weekly Update: Uptrend Intact

THE BIG PICTURE The broader stock market remains in an uptrend, while geopolitical risks continue to linger. The best thing to do is follow the price action and avoid anticipation due to “noise”.  If/When we correct, your process should stop you out of the trade.  Without further adieu, here’s my…