April 26, 2012

Bulls in control; S&P Futures key levels 1404.5 1380.75 ▲

1390 is a big barrier, point where selling started. But 1400 still looks likely now.

 April 25, 2012

Bulls firm up; S&P Futures key levels 1389 1363.25 ▲

1390 looks like a hard ceiling for now. Still ranging until that is decisively broken.

 April 24, 2012

Bears can't hold early losses; S&P Futures key levels 1379.5 1356 ▲

This markets has been about as whippy as it gets. Tough trading.

 April 23, 2012

Bulls can't hold early gains; S&P Futures key levels 1392.25 1368.5 ▲

This market has been compressing since the big sell off on the 6th. One of these days it'll break out.

 April 20, 2012

Bulls hold on employment news; S&P Futures key levels 1389.5 1365.5 ▲

No follow through on yesterdays selling; looks good for the bulls for now.

 April 19, 2012

Bullish consolidation awaits Wed. news; S&P Futures key levels 1395.5 1371.5 ▲

If we get through tomorrows news day, looks good going forward.

 April 18, 2012

Can bulls run more than a day?; S&P Futures key levels 1400.5 1376.75 ▲

Rallys haven't held too well lately. Any change would be weclome new for the bulls.

 April 17, 2012
 April 16, 2012

Bears are back; S&P Futures key levels 1382 1358.25▼

Market whippy here under the 50 day EMA. Will it hold or go further down? Unfilled gap at 1342.25.

 April 13, 2012