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.

Bearish

It's the last day of the month and we are up for the month. I will be looking for selling to come into the market today. I will be selling rally's leaning on yesterdays highs. Volume will probably be light today so trade small with tight stops. Support at 1013.50. Resistance above at 1041.73.

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.

Bearish

The market is stalling up here. I came in short today looking for a break down to 1013.50. After 1013.50 I have support at 1009.00. I will be selling rallies all day using short term charts.

Neutral,Slightly Bullish

Today feels like it will be an inside day. We will probably trade within yesterdays range. If we take out the lows at 1018.25 we should see some selling taking us down to 1009.00 the ten day m.a. Other than that, I see us staying range bound with light volume. I have resistance at 1038.00 and 1045.50. Support is 1013.50 and 1009.00.

Neutral,Slightly Bullish

I have resistance at 1038.00 and 1045.50. We have held the 1038.00 area for now. This market is trading like it wants to go higher. I am trading from both sides. I am selling rallies in front of 1038.00. I am also using opening range(1029.25) as a pivot. My support below is 1013.50. I will be buying a break down to that area. This is still a summer trade with light volume. Take your winners and limit your losers.

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.

Not Trading until Aug.24

Neutral,Slightly Bullish

The market has held my support at 977.00. I feel like they want to trade lower but I am not going to fight it if we rally. I am buying dips today leaning on yesterdays lows. If we get below 977.00 my next support is 965.00. On the upside I have resistance at 989.00-991.00.Trade small because it is whipping around with light volume.

Neutral - Slightly Bullish

They had everybody short on Fri. with a late day rally up to 1007.00 where we have failed many times. They started to drift lower overnight with no buyers. We took out last weeks overnight low at 986.00 setting off some stops. I don't believe that there will much more downside today because it looks like they did most of it overnight. This trade is range trading right now. They move in one direction very quickly followed by consolidation then followed by a move back in the other direction. I have support at 977.00.

Neutral - Slightly Bullish

The market is taking all the selling and closing on the highs. That usually indicates a bull market. I am trading small waiting to see if we can make highs of the year (1016.00). At 8:55 we have consumer sentiment which might get things going in one direction or the other. I have resistance at 1021.00 and support at 996.25. Waiting for those areas to trade before I establish any real positions.

Slightly Bearish

We are still holding this fibonacci retracement at 1016.00. The data this morning also did not please the market. I am still cautious on being bearish because of the way we are trading up here. They keep selling and we don't go anywhere. I will be selling rallies until we get above this overnight high. Trading small waiting to see what happens. I have support at 1000.25 and 993.00. Resistance above at 1022.00 and 1029.25.

Neutral

I am neutral until this FOMC meeting is over. I have support below the market at 978.00. I will get long if we hit that area before the number. I have resistance above at 998.25. I will get short if we get to that area. I am just trading the outsides until this afternoon.