Diary of a Financier

Posts Tagged ‘S&P 500 ($SPX)’

Intraday update: SPY’s bottom is in; attention turns to upside target

In Capital Markets, Trading Desk on Mon 12 Feb 2018 at 10:23

The S&P has followed my gameplay to the letter.  After a ripping rally into Friday’s close and a gap-up upon today’s open, the chart is respecting its technical influences. Here’s the status update…

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Top Newsstuffs (February 5-11)

In Bookshelf on Sun 11 Feb 2018 at 05:17

Here are your top reads from across the past week… Read the rest of this entry »

Intraday update: Another bottom formation for SPY

In Capital Markets on Fri 9 Feb 2018 at 15:28

Here we go. The S&P chose the alternative path at the fork-in-the-road I discussed yesterday, which officially reached “correction” status for this quick drawdown.

While it was not my base-case expectation — but rather my bear-case — I discussed the potential for a daily H&S top breakdown to 255 support, which is exactly what happened. The trend repeatedly tested 255 throughout the day today, and it looks like that will hold into the close. So, without further ado, here’s the outlook…

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Intraday update: SPY moment of truth

In Capital Markets on Thu 8 Feb 2018 at 02:33

The S&P is taking another pass at that bottom I pointed-out earlier this week. As you can see below, the market will either breakout or breakdown from this juncture, although the overwhelming evidence suggests the bullish path…

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Intraday update: SPY bottom formation

In Capital Markets on Tue 6 Feb 2018 at 02:28

Right into it because we’re likely forming a short-term bottom in real time… Read the rest of this entry »

Intraday update: SPY support levels

In Capital Markets on Mon 5 Feb 2018 at 14:33

Been a while since one of these reversal updates was necessary.  Without futher ado… Read the rest of this entry »

Top Newsstuffs (January 29 – February 4)

In Bookshelf on Sun 4 Feb 2018 at 05:35

Here are your top reads from across the past week… Read the rest of this entry »

Top Newsstuffs (January 22-28)

In Bookshelf on Sun 28 Jan 2018 at 05:28

Here are your top reads from across the past week… Read the rest of this entry »

Top Newsstuffs (January 15-21)

In Bookshelf on Sun 21 Jan 2018 at 05:12

Here are your top reads from across the past week… Read the rest of this entry »

Top Newsstuffs (January 8-14)

In Bookshelf on Sun 14 Jan 2018 at 05:02

Here are your top reads from across the past week… Read the rest of this entry »