Based on the late-day price action on Thursday in the S&P 500 index futures, the index’s rally was losing some steam. Wrong. The after-hours and premarket buyers had it right…
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The good news is that the index surged for the second day in a row off favorable inflation data and posted new highs for the move in both sessions. The…
Following eight days of consolidation, for now the resolution has come to the upside. After a better-than-expected Consumer Price Index reading, the bulls resumed full control of the index. Aggressive…
Just as the S&P 500 index attempted to break down early in Friday’s session, it was attempting to break out above the top of last week’s range but failed. The…
The bears had a chance to regain control of the S&P 500 index and they failed for now. Following a stronger than expected July jobs data, the hawks were alive…
Ahead of Friday’s jobs data, investors were cautious in Thursday’s session. The premarket rally was sold into and the decline off the opening bell was bought. Much of the session…
Trading ranges are made to be broken. After a choppy three-day period, with the S&P 500 futures index wedged into a 4080.50-4147.25 trading range, the bulls reasserted control of the…
It was a jittery market on Tuesday, as investors showed caution ahead of Nancy Pelosi’s visit to Taiwan. Following a weak premarket session, the bears took control of the index…
When the S&P 500 index futures ends its day/week, let alone on the high for the month, it provides for multiple trading setups the following day. It can blast through…
There are some days when the S&P 500 index futures start out in the green and never come close to going red. Friday was one of those days. Thanks to…
