6 Dec 2018

Bears Have Momo, But Need Extra To Break 2600 on S&P 500 In Next Several Sessions

by | posted in: Credit, Derivatives, Equities, Technicals | 0

The S&P 500 hurriedly jumped 6.4 percent in seven sessions.  Impatient bulls essentially handed out shorts an opportunity to once again show up at 2800.  The risk is the downside, but it is likely 2800-2600 remains intact in the next … Continued

10 Sep 2018

IWM – Risks Elevated Medium Term, Coin Toss Near Term

by | posted in: Derivatives, Economy, Equities, Technicals | 0

Even though trade tensions particularly between the US and China have heated up, small-caps – supposed beneficiaries of a trade war – have stalled of late.  Medium term, downside risks are huge.  In the very near term, it is a … Continued