The reports this morning spiked the market higher and lower. The upper spike pushed up to yesterday's close at around 885 and the lower spike pushed down to...
The overnight market pushed slightly higher from the afternoon selloff but has retested the lows late this morning and has bounced again. We have resistance at...
The FOMC announcement will be made at around 1:15 Central today. We will likely want to get long this morning if a good dip can be found. Price action...
The overnight market has retraced to the 50% level at 914.50 - 915.00. This level is also support. The likelihood of an early bounce is high though not all of...
The overnight session has cycled either side of yesterday's 902.40 close, indicating an indecisive market. Price action may move in either direction from this...
The overnight session has pushed down to the 887.20 level after opening near and testing resistance at 894.00. Price has cycled sideways just below Friday's...
The overnight session has pushed up to make a high at 887.20, just at resistance and has since made several volatile swings sideways to lower. A move to new...
The overnight market was quiet and moved essentially sideways except for a 4 point move up about mid-session. There are two days of major economic reports...
The Retail and Jobless Claims reports are in and the market has pushed 10 points higher already. Price has moved above resistance at 897 already and dropped...
The first round of reports this morning at 7:30 AM Central has sent the market tumbling 10 plus points at this writing. Price has stalled at our support at...
The overnight market has pushed up to make an overnight high just under 903 and has since pushed down to retest the lows. Price is setting up to move higher...
We want to be buyers today up to the 926 - 930 level where price will likely be overbought. At that level, we expect price to retrace to 915 - 916 if not...
Price action is setting up for a likely buy at this level (928). We cannot rule out a continuation of the overnight price action lower however due to the...
The overnight session has pushed up to resistance at 934 and is now retesting just above Friday's 927 lows. There is support at 926 - 927 and this is a likely...
for November 26, 2002: Price action has been pushed lower by the early morning reports down to the 925.50 area as of this writing. We are expecting a bounce...
Our shorter term indicators suggest price is at or near a reversal level at or just after the opening while our longer term indicators suggest additional...
Price has pushed up during the overnight market to resistance and is now attempting to push lower. We are expecting to see a move lower this morning down to...
We are expecting a likely move down to the 919 - 920 area at some point this morning where price should give us a larger bounce or perhaps reverse. ...
Price has pushed lower and will gap open lower this morning. A move back above yesterday's 918 low could set up a reversal day if there is continuation above...
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Price action sold off on the employment data down to the 892 area which represents big support for us. Expect a push higher from this level. 897 is big...
The market is giving us a gap opening down this morning. We will likely have at least some reaction higher if not a reversal back up this morning. The long...
We expect considerable sideways action later in the day. This morning, we expect some downside price action early on a move below 897.00 with targets at 878 -...
OnTheOpen - S&P 500 for December 11, 2002: Price retested the highs at 905 during the overnight session and price has pushed lower. We may see an early push...
Price during the overnight session moved down to the 896 level where price bounced on the 7:30 AM Central release of reports. Price has been moving sideways in...
We are expecting a breakout day today on a break below 888 or a move above 918. Price is currently in the buy area on our setups however and caution is advised...
Price is currently about neutral at around 893. We ultimately expect a test of the 865 - 866 area today. This test could begin at this current level or price...
We have a tentative bullish bias this morning and prefer to buy the 902.50 - 905.00 area should price give us an opportunity to enter at that level. The late...
The overnight price action has cycled back down to a likely support area. This band of support ranges from 890 to 897 with a focus of support at 894. A move...
Price action has moved lower from the 895.50 overnight high down to our support level and short term target at 882.50. A move that cannot get back above 888.00...