S&P 500 Declines Into April Highs: Will This Support Hold?
That's a great question. Â No one knows with any certainty which is why we follow the price action and (indicators related to price). They...
Dow Jones Megaphone Pattern Defines Risk On / Off
Below is a chart of the Dow Jones Industrial Average going back to the 1950’s using monthly closing prices. It highlights two important Dow Jones Megaphone...
Biotechnology Index BTK Trading Near Critical Price Level
A key index of biotechnology stocks may be approaching significant levels of resistance.
Throughout the course of the post-February rally, one topic that has been...
S&P 500 Futures Update: Can Bulls Keep The Momentum?
S&P 500 futures outlook for June 8, 2016 – ES_F –Breakout formations grinding higher this morning after a day of consolidation at these breakout...
S&P 500 (SPY): 10 Things To Watch In Battle For All-Time Highs
The S&P 500 Index is nearing its all-time highs. And the S&P 500 ETF (SPY) is at all-time highs (dividend adjusted). Either way, the...
Finding Your Trading Edge… And Using It!
Want one of the quickest and easiest ways to quantify your edge? Every time you place an initial stop, place an initial profit target...
Utility Stocks May Benefit From Weak Jobs Number
Just this past week we found out that U.S. employers added the fewest jobs in May in nearly 6 years.
Non-farm payrolls came in a +38K...
Japanese Yen Wave Pattern Points To Coming Decline
If the U.S. Dollar continues to rally, as we showed in the forecast we posted in May , then it should set up favorable...
Can The Russell 2000 Index Rally Past Major Resistance?
The Russell 2000 Small-Cap Index is presently running into a confluence of key resistance points. Can the Russell 2000 Index rally past this level?
We’ve...
S&P 500 Trading Update: Will Lower Support Levels Hold?
Today's trading outlook looks at S&P 500 futures, Nasdaq futures, and Crude Oil futures  for June 3, 2016.
Focusing on S&P 500 futures, we see...
