Author: Polly Dampier, Naturus.com

Today is triple witch expiration day and the market is watching to see if the ES can break through the resistance at 1127.75 – 29.50. Yesterday the volume was light, but momentum remained strong in the later afternoon. At...

After a small pullback, ES quickly found its support yesterday and moved back up to close near the high. ES has now been up 9 of 11 days. Triple witch expiration Thursday night-Friday morning may hold ES up for an extra a day or...

The retail sales report early Tuesday was better than expected. It muted the double–dip fears, at least for this moment. But the price seems to have all the good news already factored in. ES made a continuation high move...

The market surged higher in the early morning Monday and maintained the gain for the close. ES broke its small consolidation from the previous 5 days and moved toward the breakout pattern target. Even though the price has not...

The S&P 500 cash index (SPX) closed at 1109.55 on Friday, a tiny gain of 0.5% for the week. The holiday-shortened week didn’t offer much drama. The trading volume was light and so was the news. This week is a quadruple...

Economic data continue to show a little better than expected; yesterday the initial jobless claims report was encouraging. Bulls pushed the price up in the early trading, but later the same concerns about the European banks...

The recent market movement has been confusing for many traders — understandably, given the chop chop chop inside the narrow range of the last few days. But this range-bound market may end soon.  The ES is is...

Tuesday the stock market was hit by increasing concerns that the stress tests for European banks Helped to conceal the true fiscal condition of the euro zone. Both the SPX and ES gave back a small portion of the gains made in...

The S&P 500 cash index (SPX) closed at 1104.51 on Friday, covering its losses from the previous two weeks, and kicking off the month of September with a solid three-day rally. It added 3.7% for the week. This week we have a...

The ES made a small pullback during Wedsnesday overnight trading, then moved back and forth to slowly march up to squeeze the shorts. At the end, the bulls won again Thursday. Now the price has moved above the 50-day moving...