What a week, what a day…
The market was full speed ahead for the end of the quarter.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
What a week, what a day…
The market was full speed ahead for the end of the quarter.
by David
From the Desk of Kimmy Sokoloff
Today is quarter’s end, and they surely window-dressed this week. Hey, we might even continue higher from here.
$SPY is nearing next resistance at 405, and after that is 408.
by David
From the Desk of Kimmy Sokoloff
We’re seeing another gap up in the indices today.
I said on Monday that we could see window-dressing before quarter’s end, and that’s exactly what’s going on.
by David
From the Desk of Kimmy Sokoloff
The market is trying to push past the 4,000 level on the $SPX.
If we can manage to hold, there’s potential up to 4,039, then 4,050.
by David
From the Desk of Kimmy Sokoloff
We’re seeing a decent-sized gap up this morning.
Now we have to see if the indices hold on to the gap or back and fill.
by David
From the Desk of Kimmy Sokoloff
The market isn’t mustering up the power to trend higher just yet.
I’d like $SPY to hold 392 and hopefully break above 400 in time.
by David
From the Desk of Kimmy Sokoloff
In this market, we need to be on our toes.
In a bull market, I wouldn’t have protection on.
But in this market, it’s wise to do so.
by David
From the Desk of Kimmy Sokoloff
We saw a nice gap up this morning for the indices.
Then they came back down.