Everyone has gone quiet here. "Debt ceiling" am I right ? We're stuck in a range on a weekly chart. Until this "debt ceiling" nonsense is resolved we won't get anywhere. If they can get to an agreement this should be good for the market. We ...

S&P500 trading

I'd say pretty much spot on. It's not about getting it inch perfect. It looks like we might get this bounce as I said before. I'll wait for the day to finish just to be sure becouse we've got NFP today and God knows what happens after that. If ...

S&P500 trading

It can go either way. It's difficult to say especially that we've got Fed this week. It's always clear after the fact. I think we can correct lower and than keep going north but time will tell.

S&P500 trading

I don't like this candle. There could be something ''fishy'' behind it. Today is the last day of trading this month. Investors might want to take their profits. We've got to wait and see how this day will play out but be cautious this could be a ...

S&P500 trading

As long as we're staying above 4098 on a daily basis close we should be ok with long positions, below that level we're getting into trouble. It's a choppy market. I guess everyone is waiting for the fed rate decision.

S&P500 trading

Classic example of Larry Williams "Specialist Trap". Don't get fooled by the market. We're heading towards 4515.

S&P500 trading

Up the stairs

S&P500 trading

It's time to hop on that "long train". Enjoy the ride.

S&P500 trading

Just to be clear. I've posted a weekly chart so it will take some time before sp500 gets to that level. I'm not a day trader. I don't mind crude gapping up today.

S&P500 trading

The direction is north towards 4515.

S&P500 trading

We will test 4135 again. This time I think we will brake it and go north.

S&P500 trading