Latest Plans
Read the latest insights into the S&P 500.
-

ES Weekend 10/6
I remain bullish but cautious as from last 2 weeks, new sellers, and to some accounts big sellers, have entered the picture and have stuffed price nearly every day at NY open. There are three excess highs that are bearish until cleaned up. This is on 9/26, 9/27, and 9/30
-

ES Weekend 9/29
Are things changing under the hood and is seasonality still around? Last week we saw just about every day US sells the open and reverses late afternoon. EU would end up doing the same except for the drastic no selling allowed Wednesday night session. This pattern repeated with buyers showing
-

ES Weekend 9/8
Getting pretty grim out there in twitter land. After hours on Friday, we saw a decent sell down to a gap level 5396. Will need to see how Sunday night treats this. We’re at a point where buyers need to step in or we can continue to sell down to
-

ES Weekend 9/1
5613, 5627, 5638, and 5649 still to be observed. We had two data prints around the 5630 area, GDP and PCE. Will use Friday’s range for the coming week as the low and high both roughly align with the previous Friday’s inside day range. Friday ended with a spike up.