Keep 'em Tight, March 20, 2016

The past two mornings have given us a lot of action in the US SnP BEFORE the markets were open.  Maybe if I keep my eyes shut the Emini SnP (ESM6) will continue over BIG time resistance.  Sheesh.

Gonna Stay Right Here, March 28, 2016

After a drop in the US SnP last week, the price action looks to me that it will continue to struggle to stay at this level.  Are we going up?  Are we going down?  Are we staying at this level in the US SnP?  I don't know.  I don't trade directionally.  Do you know where the market is going?  Feel free to share with us all!

Easter 2016

Happy Easter!

Good Friday, March 25, 2016

Swoopes A Doodle, March 24, 2016

*Southern Belle accent* I do believe the US SnP had a case of the vapors this day.  Oh my.

Here We Are at the Same Place, March 23, 2016

Here is Kell's observation of the US SnP today:

Okay, that's about it.

Pushing the Market Up, March 21, 2016

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The US SnP did not gap up this morning, but after some volatility the ESM6 steadily pushed toward the 2050s.  The significant thing is that closes are well above the 2000 level as of late.  The pricing action is holding steady for the crawl upward.  There might be a turn around Tuesday, but we shall see.  I, as per usual, don't know what will happen. 

Gap Up on Monday?

My Saturday musings about the US SnP last week, is that we are running into resistance.  I do not see signs of a quick failure yet.  My view of the pricing action is that there is more strength on the bull side.  That is the thing, though, with failing at resistance - who knows when it will happen.  I certainly don't.  I am looking forward to next week, because who doesn't like a good drama?  By the by, that is not any kind of prediction for the year 2043 there above.  It is a resistance level on the Emini SnP for June 2016 (yes, the year).  I am guessing the SnP will gap up over this resistance next week, but what do I know, it is just a guess.

Base Building, March 17, 2016

We have had two consecutive closes above 2000 in the US SnP.  My view of the pricing action is that if we are going higher, a solid base needs to be built above that level.  It could happen.

Hanging at the 2000s, SnP, March 16, 2016

We are hanging out around 2,000 on the US SnP, just waiting for the FOMC meeting at 2 PM EST.  What is going to happen?  I don't know.

Turn-a-round Tuesday? March 15, 2016

Well, we did turn around, some.  Then the US SnP went up some, too.  So, "Turn Around Tuesday" eh.

Plenty of Excitement, March 11, 2016

Here is the action on the US SnP I observed, yesterday:

After the Emini SnP fell to near 1,975, it recovered to close at 1988.75 yesterday.  I wake up early to see this pre-market:

Yeah, I see

over 2010 on the 

SnP pre-market.  What the heck!  As of this writing, the SnP has seen 2019 as the high.  Very interesting action in the US Markets lately.

More of the Same? March 10, 2016

What looked like building up steam to push upward yesterday in the SnP failed.  The 2000 level is still in sight.  Do we go up, fail and go down, or have more of the same today?  I don't know, I am just a cartoon.

Building Up Steam, March 9, 2016

This morning, price action on the US SnP is building up steam to reach 2,000 once again.  The price level has been decidedly breached, but there has not been a close above the level since January 5, 2016.

Turnin' the Tuesday, March 8, 2016

It started with flirting with 2,000 in the US SnP.  Yet, the love does not stay with that level as we look at a Turn-around Tuesday this morning.  The SnP has enjoyed gain the last five days, so some selling is expected.  How much selling there will be is an interesting question for now.

Clawing Our Way, March 7, 2016

Last Friday, we spent some time above 2,000 on the US SnP.  Pre-market, we are back below it.  I cannot tell if getting back above that level will be a problem today.  My main question is, will we stay above it decidedly?  Confusion abounds.

Pre-market Spike in the SnP, March 4, 2016

What the heck was that?  The US SnP spikes over 2000 pre-market.  Yikes!

On the Ceiling, March 3, 2016

Well, here we are in the US SnP, banging our heads up against a ceiling not quite close to 2,000; not falling.  It is going to take some effort for the bulls to take this higher.  The bears may not show up until this summer, or after the elections, or I have not a clue.  Picking a direction is not advisable.

Volatility Ahead, March 2, 2016

The US Stock Market had a super increase on Super Tuesday.  Will it be able to hold its gains the day after?  Interesting viewing ahead today.

I am riveted.  Can you tell?