Not Trading Until Oct. 5

Neutral,Slightly Bearish

We hit my resistance at 1065.50 and held the 20 month m.a. at 1066.50. I believe that there will be some selling up here. We should trade down to 1055.75. Below that I have 1035.00 as my next support. If we trade above 1066.50 look for the market to possibly rally up to 1076.50. Tomorrow is quadruple witching so be prepared for high volatility.

Neutral,Slightly Bullish

The market is staying in bullish mode. I have resistance at 1054.00 and above that my next stop is 1065.50. The market has not held any resistance this year. I am trading small and to the long side until they can hold resistance. Support is 1034.25.

Neutral,Slightly Bullish

The market is up again. The numbers were better this morning and we will open higher. Volume is still very light with a bullish tone. I am still sitting on sidelines until they hit some of my support and resistance levels. This is a very difficult trade so trade small. Stick with the old saying "Never sell a sleepy market" if you listen to that this year you are doing well. Resistance is 1054.00 and support is 1021.00 and 1015.75.

Not Trading Until Sep. 14

Neutral

We are in the middle of rollover and volume is light. I am scalping small. Support is 978.75 and Resistance is 1010.00.

Neutral

The market is taking a break after yesterdays move. I am trading small using short term charts to scalp. I have no bias on direction. FOMC minutes come at 1:00. That might take us one way or the other. I have support at 978.75 and resistance at 1041.75. My numbers are so wide because of the big volatility day yesterday.

Bearish

The sellers came out today. We broke my support at 1010.00 and started escalating to the downside. My next support is 981.50. Sell rally's all day. The sellers are out and probably not going away.