View Poll Results: I trade the S&P m

Voters
22. This poll is closed
  • Yes

    18 81.82%
  • No

    4 18.18%
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  1. #1101
    Legendry Member Michael Hodges's Avatar

    at support, in volatile times !!!

    volatility is back, its not real bad but it is back and now the index is at support levels within a range so it looks good for a call position.

  2. #1102
    Legendry Member milos's Avatar
    At the start of trading in New York,futures on the index rose by 0.03%. US stocks rose a statement after the Secretary of State said that they could expect details of the tax reform plan.S&P500 closed at 2356 points adding 0.76% yesterday.

    It is the highest increase of financial institutions and industrial companies. The winners were Visa(+1.56%)and Berkshire Hathaway(+1.36%).The losers were Verizon Communications(-1.08%) and Coca-Cola (-0.32%).

  3. #1103
    Legendry Member Michael Hodges's Avatar
    Monday morning action is hot, the Le Pen loss has unleashed the beast in the same way as the Trump win. I'm bullish, will trade short term calls at the open and a longer term weekly call once the opening blast of action wears off. NADEX traders can look to buy the 2478 at $45 and $40. $45 to make sure you get one, and $40 to make sure you get one if price pressure dips during the opening scramble.

  4. #1104
    Legendry Member Michael Hodges's Avatar

    weekly trade , !!!

    momentum is back to the upside, lets see how high it takes us.

  5. #1105
    Legendry Member milos's Avatar
    S&P500 closed at 2387 points and losing 0.05% yestedray. Today is expected to report the largest corporate business results of the company. The winners were separated Verizon Communications (+1.41%) and AT&T(+1.25%).The losers were Procter& Gamble (-2.51%), and General Electric (-0.65%).

  6. #1106
    Legendry Member Michael Hodges's Avatar

    buying the dip !!!

    the market dipped today on weaker than expected economic data, I'm taking advantage of it for a 24 call. Tomorrow's GDP will not be bad, it may not be great but it won't be bad, I think it will reassure the market along with earnings and drive the market higher.

  7. #1107
    Legendry Member milos's Avatar
    Futures on the index rose by 0.06%.S&P500 closed at 2388 points adding 0.06%.The winner were Intel(1.35%) and the Amazon (1%). The losers were Verizon Communications (-1.46%), and AT & T (-1.31%).

    The RSI shows upside momentum. Over the short-term, we are bullish the S&P 500. The index broke above a broadening wedge continuation pattern and the 50-day moving average.

    The RSI calls for further upside after breaking above its 50 level. The index is indicating a possible re-test of the 50 day moving average before breaking above the 2400 target.

    Supports and resistances levels
    2500 resistance
    2450 resistance
    2400 resistance
    2384 last
    2328 support
    2300 support
    2255 support
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  8. #1108
    Legendry Member Michael Hodges's Avatar

    Boolish! !!!

    I am very bullish on the stock market right now. There is just too much going for it to sell off substantially in my opinion. I am trading a call, entry below 2390, end of week. NADEX traders look to buy the 2394.50 at $35, end of week.

  9. #1109
    Legendry Member milos's Avatar
    US stocks were recorded mixed results yesterday.S&P500 closed at 2388 points losing 0.13%. The winner was Chevron Corporation(+1.29%). The loser was Walt Disney Company(-2.40%). The US market continued to react to the disclosure of business results for the first quarter of 2017. The index was trading at 2386 index points. It means an increase of 0.12%.

    By UTS signals the index breaks daily resistance at 2385 points. http://prntscr.com/f40cc7

  10. #1110
    Legendry Member Michael Hodges's Avatar

    new highs, why not get bullish? !!!

    I be bullish!

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