The unpredictable price action during the rollover period in the S&P 500 index futures continued in a big way. Whereas the index was looking into the abyss and intent on…
In one of the most volatile sessions since March 2020, the bears prevailed in a big way. A midday pump turned into a late-afternoon dump. After rallying 136 handles off…
Once again, investors were enticed into thinking that there could be a quick resolution to the war in Ukraine, and the timing made fools out of almost everyone. Following a…
For all the headline-driven volatile trading action this week, the S&P 500 index futures have found a trading range, albeit a large one. Excluding the high for low for the…
Back to the headline-driven market, big time. The initial headline around 8:45 AM EST, that the US was talking with Iran about increasing its oil production, catapulted the S&P 500…
For one session, the S&P 500 index futures were not totally prisoner to the headlines coming out of the Russia/Ukraine crisis. Instead, Federal Reserve Chair, Jerome Powell, during his testimony…
Over the last few sessions, the S&P 500 index futures battled back from lower opens and closed in the upper end of the range for the session. However, in Tuesday’s…
In the sometimes confusing world of technical analysis, it is not always easy to identify both major support and major resistance all of the time. The index has certainly repelled…
Investors were attempting to digest the major rebound on Thursday and determine whether or not it had more legs, and the news hit the tape. That being Russia indicated it…
In a remarkable fashion, the S&P 500 index futures rebounded from being in the red by 120 handles to closing in the green. It is impossible to pinpoint the exact…