May 17, 2012

Bears relentless; S&P Futures key levels 1329.25 1315▼

There is a gap from the end of January at 1307.75. Don't be surprised to see that filled before this is over.

 May 14, 2012

Bears testing major swing lows; S&P Futures key levels 1357.5 1334 ▼

March 6 swing low 1338.5 looks ready to be tested while filling an overnight gap open.

 May 9, 2012

Bears feast; S&P Futures key levels 1365.5 1342 ▼

Markets getting a bit oversold, should lead to at least one big rally.

 May 7, 2012

Bears charge; S&P Futures key levels 1369 1345.5 ▼

Is this a climax sell off? Or the beginning of a bear market?

 May 4, 2012

Bears take over; S&P Futures key levels 1393 1369 ▼

Bulls fail to hold key support at 1390 as employment news drives market down.

 May 3, 2012

Bull consolidate; S&P Futures key levels 1414.5 1390.5 ▲

Tuesday saw steady buying off the lows.

 May 2, 2012

Bull targets hit; S&P Futures key levels 1417.5 1393.5 ▲

Looks for some consolidation as all major targets hit this move.

 May 1, 2012

Bulls rest; S&P Futures key levels 1411.25 1387.25 ▲

Typical lower consolidation could lead to test of 1410.

 April 30, 2012

Bulls still toppy; S&P Futures key levels 1415.75 1391.75 ▲

Note sure how much action we can sustain above 1400 without a little reaction. The news has been relentlessly bad, earning good.

 April 27, 2012

Bulls look toppy; S&P Futures key levels 1414 1390. ▲

1400 should provide some interesting play.