Tag "s&p 500 futures"

S&P 500 Futures Trading Update: Pullback Should Find Buyers

Broad Stock Market Futures Outlook for April 18, 2018 Solid earnings continue to present, Yemen missiles and API drawdowns in inventories have the indices we watch moving into higher resistance once again. These are all key levels of profit taking but there are no setups for short action at this time as…

S&P 500 Futures Trading Outlook: Price Targets In View

Broad Stock Market Futures Outlook for April 17, 2018 Higher lows prevailed to give us higher highs as buyers push us into regions not seen since mid-March in solid earnings releases.  Resistance watches are still the order of the day as momentum holds bullish. How well we bounce off pullbacks will be the…

S&P 500 Futures Trading Update: Bulls Back Again

Broad Stock Market Futures Outlook for April 16, 2018 S&P 500 resistance holds from the indexes Friday’s highs. I am watching for a lower high against higher lows. How well we hold higher support levels will determine how the day goes for traders. Earnings season continues and if momentum projects the actual…

S&P 500 Futures Trading Update: Breakout or Fakeout?

Broad Stock Market Futures Outlook for April 13, 2018 Charts sit at the top of resistance range today with momentum holding steady to the upside.  How well we manage this breakout will tell us whether we are able to maintain upside. Earnings season begins and as mentioned yesterday, we expect to see…

S&P 500 Futures Trading Outlook: Testing Range Resistance

Broad Stock Market Futures Outlook for April 12, 2018 The nightmare scenario for swing traders continues with the reversals at deep edges continuing across the broad stock market indices. With earnings season upon us again, we expect to see these edges tested and expanded, but in the end, stocks may continue…

S&P 500 Futures Trading Update: Indecision Continues

Broad Stock Market Futures Outlook for April 11, 2018 With the failure of the S&P 500 futures to hold a key price region around 2635, the charts are still range bound and likely to fail to continue in either direction. The failure to hold higher lows or the failure to hold higher highs…

S&P 500 Futures Trading Update: Bulls Try Again

Broad Stock Market Futures Outlook for April 10, 2018 Traders continue to see big swings in the stock market. Yesterday’s reversal lower has been reversed higher this morning. Bullish traders are showing some force as we hold higher support after creating a short-term higher low. We are moving upward into resistance…

S&P 500 Futures Trading Outlook: Pullback Price Supports

Broad Stock Market Futures Outlook for April 6, 2018 Yesterday’s big bounce poked above our second target at 2667.50. That move marked a short-term high as the stock indices dipped deeply again in after hours on new tariff suggestions from President Trump. 2656 is an important level today and as long…