Tag "stock market 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…

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…

Stock Market Futures Trading Outlook For February 17

S&P 500 Futures Trading Considerations For February 17, 2017 Bullish action still holds but drifts into higher support should be ‘business as usual’. Pullbacks will still be bought – the chart is not exhibiting anything that suggests collapse. However, the S&P 500 (INDEXSP:.INX) are due for a test of support today…

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…

Stock Market Futures Weekly Outlook – January 29

THE BIG PICTURE  Ok everyone…just breathe. Between daily White House press conferences and earnings season, traders seem to have their hands full. However, between each and every one of these moments, I really cannot say that much is going on in the price action. I can’t remember the last time…

Stock Market Futures Weekly Review & Outlook – January 16

THE BIG PICTURE Consolidation on Dow Jones futures (YM) and S&P 500 futures (ES) seems to be the trend of 2017 as Nasdaq futures (NQ) steams ahead and leaves the indices in its dust trail. Week two, day four (1.12.17) seemed to be the hope of some correction in the market,…

Stock Market Futures Weekly Review & Outlook: January 9

THE BIG PICTURE – Stock Market Futures 2017 rolled in with a dud as the stock market indices ended the year on a low note. And although early trading started off strong, it took a couple days to get a read on the trend. The jobs report was the latest…

Stock Market Futures Weekly Review & Outlook – January 1

THE BIG PICTURE – Stock Market Futures 2016 is out the door.  Welcome to 2017! You may have never thought we would make it through the presidential election in one piece and the uncertainty from one fed meeting to another didn’t make anything feel very smooth. However, markets eventually consolidated…