Tag "s&p 500 futures"

Stock Market Futures Trading Outlook For February 24

S&P 500 (INDEXSP:.INX,) Market Considerations For February 24, 2017 S&P 500 futures have dipped into important levels of support that are being tested at present.  I’m looking for a bounce that potentially gives us lower highs.  Bounces today might have a tough time holding. Buying pressure will likely strengthen above a…

S&P 500 Futures Trading Outlook For February 23

Stock Market Trading Considerations For February 23, 2017 The S&P 500 (INDEXSP:.INX) has flattened out a bit but still holds momentum. This suggests that market pullbacks will still provide solid opportunities to move in the prevailing upside trend. Price levels remain the same as yesterday.  Federal Reserve minutes speak showed a hesitancy on…

Stock Market Futures Trading Outlook For February 22

S&P 500 (INDEXSP:.INX) Considerations For February 22, 2017 Bullish action still holds with higher support today. We tested a new high and pulled back a bit, but charts hold steady.  Caution with breakouts are still advised and looking to support zones to initiate longs remains the best bet for risk averse trading. Buying pressure will…

Stock Market Futures Trading Outlook For February 21

S&P 500 Futures Market Considerations For February 21, 2017 ES_F– Bullish action still holds with higher support levels building today.  We have been trapped in a channel after reaching a new high in the Globex event (holiday yesterday).  Pullbacks on the S&P 500 (INDEXSP:.INX) will still be bought. Although the chart is not…

Stock Market Futures Weekly Outlook – February 20

THE BIG PICTURE  We’ve seen seven relentless trending weeks to the upside to start 2017.  And last week was par for the course – the S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) closed at new all-time highs. In all, it’s been 15 weeks of nothing but one direction in the major…

S&P 500 Futures Trading Outlook For February 16

Stock Market Considerations For February 16, 2017 A new high formed yesterday afternoon on the S&P 500 (INDEXSP:.INX) and it was not breached overnight.  Bullish action still holds but drifts into higher support should be ‘business as usual’ in this chart.  We remain resoundingly bullish, but monitoring position size here is…

S&P 500 Futures Trading Outlook For February 15

S&P 500 Futures Trading Considerations For February 15, 2017 S&P 500 futures hit new highs overnight but have since pulled back into support near 2334. The S&P 500 (INDEXSP:.INX) is at a key level of resistance but bullish formations tell us that fades of price into support will be bought in the near-term….

Stock Market Futures Trading Outlook For February 14

S&P 500 Trading Considerations & Outlook For February 14, 2017 Broad time frames hold strength as tighter ones show a little pull into support likely today for the S&P 500 (INDEXSP:.INX).  It is still too early to short this chart on the swing but some powerhouses gave up quite a bit…

Stock Market Futures Weekly Outlook: February 13

THE BIG PICTURE  Relentless. The indices roaring to new highs three out of the five trading days this past week… and with no regard to even entertaining the possibility of any self correction. This is a pattern we have become accustomed – to the bewilderment of many. With 2017 not giving…

S&P 500 Futures Trading Outlook For February 13

Stock Market Futures Considerations For February 13, 2017 Another morning with new all-time highs greet us on S&P 500 futures and the cash index (INDEXSP:.INX).  Market pullbacks are still likely to be bought as we sit at regions that could prove out as target regions for buyers trading to resistance.  Price…