Time

The market is just waiting for the new year so we can rally again. The quieter it gets the more likely we are to continue this up trend. The vix has been brutally beaten down to a mere 17. That is not good for shorts. Amazing how this is the best December since 1991. This is probably the slowest in even more years. This is also the smallest amount of short positions in the market in over 4 years. I have not been fading it but it is still hard to put together a good week. This market it just being manipulated to the upside. I am a Bull until any of the big moving averages are broken on the daily. Trade small and smart.

Bulls are Back

The market has now held it's 50 day moving average(green line) for three days in a row. The market is telling you that we are going higher. We are going to close above the 20 day moving average(blueline) as well. All signs that we will probably make new highs for the year. My next resistance area is 121725 in the mini. Above that we should trade up to 124450. Buying breaks for now.

Bullish

The market is just slow. We are in a uptrend and there is very little business. So do not fight it. I am not making many trades right now. I am waiting for support or resistance levels to be tested. Support is 110350 and resistance is 113950.

Bullish and Range Bound

After yesterday's boring start to the year, the charts are tightening up. Volatility on the VIX is nearing two year lows. Which leads me to believe that there is very little interest in the stock market right now. People have made there bets and we are in a wait and see mode. That means stick with the trend until the trend changes. Unless there is a explosive move in the trend. I am trading very small with low expectations. Take what you can get and be very patient. Let your prices come to you. Resistance is now at 113950 and support is at 110350. No big positions for me unless they trade those areas.

Bullish

We are starting the year with a gap up. The market is continuing on it's upward trend. The market sold off on New Years Eve giving the Bulls another opportunity to get in. I have resistance at 113300 and support at 110550. Remember to start the year on a positive note. Be patient and stick with the trend until the trend breaks.(If it does)

Bullish

The market continues to hold support levels. Shorts try to push it down and continue to fail. I am going to continue with the bullish trend until we cannot hold a support level or we hold a resistance level several times. My resistance is 1039.25 and 1045.50. I also have a major resistance level at 1056.50. This level is a big pivot for me. If we hold that area we should see a 40 point potential drop within a day or two. Support is 1026 & 1016.00.

Bullish

The market has crossed over the 200 month m.a. in the cash. I am just going with the market right now. When we are making highs like this you cannot fade it until they show that resistance is holding. My next resistance is 1044.00. I will be buying into this rally until we hold resistance. I will be selling if we trade 1044.00.

Bullish,Slightly Bearish

I have been buying breaks for weeks now waiting for the market to reach a significant area at 1000.00 in the S&P cash market. You should start to see a better trade. The market has been on a one way train for some time now. I have resistance at 999.00 in the futures and no support until 962.00. I am short the market with a tight stop above this area and I am looking for a break down to 962.00 if this holds. If it does not hold I am looking for 1008.00 - 1010.00 in the futures.

Bullish

We are above all of my resistance areas. I am looking for the market to make highs of the year by the end of the week. I am buying breaks leaning on prior days lows.

Bullish

We have an upside head and shoulders that formed. The market was probably a bit oversold as well. I believe that we should trade up to 903.00 in the cash by days end. Look for big buy orders on the close if there is no sell off by the bell.