July 2016

The passing week ended as a small range correction bar, the 3rd Weekly bar to penetrate the Weekly upper Bollinger band, meaning that the bullish momentum is still high, and Daily bearish setups are not recommended, such as the Daily bearish setup mentioned in the last review that hasn’t reached its target. The Daily chart Read More

U.S. stock futures are mixed in pre-market trading for Friday, July 29. The Dow Futures are at 18355.0 for a loss of -21.00 points. The S&P 500 Futures are at 2162.75 for a loss of -2.00 points. The Nasdaq Futures are higher at 4720.5 for a gain of 0.75 points. The Russell Futures are showing Read More

U.S. stock futures are pointing higher in pre-market trading for Thursday, July 28. The Dow Futures are at 18405.0 for a gain of 15.00 points. The S&P 500 Futures are at 2163.0 for a gain of 2.50 points. The Nasdaq Futures are higher at 4710.25 for a gain of 2.50 points. The Russell Futures are Read More

U.S. stock futures are pointing higher in pre-market trading for Wednesday, July 27. The Dow Futures are at 18437.0 for a gain of 39.00 points. The S&P 500 Futures are at 2167.0 for a gain of 3.75 points. The Nasdaq Futures are higher at 4695.0 for a gain of 31.25 points. The Russell Futures are Read More

U.S. stock futures are pointing lower in pre-market trading for Tuesday, July 26. The Dow Futures are down at 18416.0 for a loss of -4.00 points. The S&P 500 Futures are at 2161.0 for a loss of -1.25 points. The Nasdaq Futures are flat at 4654.5 for a gain of 0.75 points. The Russell Futures Read More

U.S. stock futures are just slightly lower in pre-market trading for Monday, July 25. The Dow Futures are flat at 18478.0. The S&P 500 Futures are also flat at 2167.5. The Nasdaq Futures are lower at 4654.25 for a loss of -3.00 points. The Russell Futures are lower at 1208.2 for a loss of -1.70 Read More

Like in most of other stock markets, the passing week printed a narrow range bar for the Dow. It was a HH HL Weekly bar, totally outside the upper Bollinger band, so the bullish momentum currently is still very high. The price has reached the level of 18565 which is practically the AB=CD pattern’s target Read More

U.S. stock futures are pointing higher in pre-market trading for Friday, July 22. The Dow Futures are at 18464.0 for a gain of 28.00 points. The S&P 500 Futures are at 2162.0 for a gain of 4.00 points. The Nasdaq Futures are at 4647.0 for a gain of 8.75 points. The Russell Futures are at Read More

U.S. stock futures are lower in pre-market trading for Thursday, July 21. The Dow Futures are down at 18516.0 for a loss of -15.00 points. The S&P 500 Futures are lower at 2166.25 for a loss of -1.25 points. The Nasdaq Futures are flat at 4651.0 for a gain of 0.50 points. The Russell Futures Read More

U.S. stock futures are pointing higher in pre-market trading for Wednesday, July 20. The Dow Futures are at 18546.0 for a gain of 66.00 points. The S&P 500 Futures are higher at 2165.75 for a gain of 7.00 points. The Nasdaq Futures are higher at 4621.5 for a gain of 15.00 points. The Russell Futures Read More