Pre-Open market analysis The Emini opened limit down yesterday and sold off to within a fraction of a point of -13%. That is the 2nd circuit breaker level. Instead of ... Read more

On analysis of the movements of S&P 500 Futures in different time frames, I find that the prevailing exhaustion may result in a steep fall in S&P 500 index at ... Read more

Tuesday Forecast, March 17 Downtrend The downtrend may be expected to continue in case the S&P 500 drops below support level 2370.50, which will be followed by reaching support level ... Read more

In China for the last two months, retail sales are down 21%, industrial production is down 13%, and fixed investment is down 25%. The travel, restaurant and entertainment industries both ... Read more

Pre-Open market analysis The Emini finally broke below the December 2018 low yesterday. It also dipped below the open of January 20, 2017. That is the day Trump took office ... Read more

Bouncing off Tuesday’s new 2020 intraday lows, the S&P 500 closed higher on the day. But what about yesterday’s premarket action? The bulls didn’t add to their gains in the ... Read more

Pre-Open market analysis Today is a very dangerous day. But, the bulls have a chance. Yesterday again tested the December 2018 low, and it again held above. In fact, yesterday’s ... Read more

S&P500 Futures Market Wednesday forecast, March 18 Downtrend The S&P 500 futures downtrend may be expected to continue while the index is trading below resistance level 2448.25, which will be ... Read more

Despite a plethora of emergency measures taken by the global central banks, a fresh wave of panic selling is clearly visible in global equity markets; has pushed the markets towards ... Read more

Pre-Open market analysis The Emini collapsed in March. Since the selloff had 3 legs down, it is a parabolic wedge. That usually attracts some profit-taking. This is especially true when ... Read more