Pattern of higher lows confirmed together with clear break of 1294. 200 day ema held. It's all bulls for today.
Overnight highs can't hold; S&P Futures key levels 1301 1288 ▲
First move over 1300 in three weeks. Expect some consolidation before level fails or breaks.
Successfull low test; S&P Futures key levels 1283.25 1270.25 ▲
Bounce off 1257 gets us back into upper range. 1294 - 1300 still looks tough to break.
Rally fizzled - new lows coming?; S&P Futures key levels 1270.25 1257.25 ▼
There was a lot of talk among the bulls that the rally off 1257 on Thursday marked the end of the bear leg of a bull market. Than Friday happened - not hearing much from them now.
Don't like this news driven rally; S&P Futures key levels 1283.75 1270.75 ▲
Last big news rally was the OBL raid that market the swing high for this move.
Rally Exhausted; S&P Futures key levels 1286 1273 ▼
Bear resumes, look for low test.
Look for response to FOMC rate decision; S&P Futures key levels 1293.75 1280.5 ▲
Fed may be putting a lid on this rally.
Rally continues; S&P Futures key levels 1279.5 1266.75. ▲
This market is going to test some big levels now. Not necessarily trend resumption long, but certainly the hold at the 200 ema is giving the bulls some ammo.
200 day ema holding; S&P Futures key levels 1272.5 1259.5 ▲
Market needs to lick it's wounds a bit before any sustained rally.
Possible rally off 200 day ema; S&P Futures key levels 1270 1257.25 ▲
Daily S&P looks ready for a bounce, than we'll see where it goes.