04/29/2020

Aldrin Gonzales | April 28, 2020

S&P 500 (SPY) Watch for a hold of 285 then 281. Failed at the exact resistance in the weekly charts Russell 2000 (IWM) 127 the 50-DMA support to hold if good. 134.50 resistance Dow (DIA) 237 support to hold Nasdaq …


04/28/2020

Aldrin Gonzales | April 27, 2020

S&P 500 (SPY) Rallied into resistance at 287-288. Momentum is also into resistance so watch for a hold of 285 to stay healthy

Russell 2000 (IWM) Rallied right to the 50-DMA. However, momentum gained and this is nearly in line …


04/28/2020

Aldrin Gonzales |

S&P 500 (SPY) Rallied into resistance at 287-288. Momentum is also into resistance so watch for a hold of 285 to stay healthy Russell 2000 (IWM) Rallied right to the 50-DMA. However, momentum gained and this is nearly in line …


Major Overhead Supply Ahead?

Keith Schneider | April 26, 2020

Risk Gauges backed off to neutral as U.S. equities put in a rather muted week, with the NASDAQ 100 down -.63% while Grandpa Russell (IWM) picked up some lost ground by closing +.29%. Both the NASDAQ 100 and the S&P …


Slingshots Trade Plan Mentoring Video for the week of 4/21/2020

James Kimball | April 21, 2020

Market Bias: Neutral / Caution Longs: CLX - 2 Days Neg FTP - Earnings May 1st NTES - 2 Days Neg FTP - Earnings May 13+ Shorts: CRM - Expansion Day - Earnings June 2+

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04/22/2020

Aldrin Gonzales |

S&P 500 (SPY) 277.50-280 Resistance with 270 then 265.50 best support

Russell 2000 (IWM) inside week. Under 114.56, next suppport is 113.24. Should that fail, IWM see 102.  Over 124.88, can see 134

Dow (DIA) 235 resistance then 237.45. Support …


04/22/2020

Aldrin Gonzales |

S&P 500 (SPY) 277.50-280 Resistance with 270 then 265.50 best support Russell 2000 (IWM) inside week. Under 114.56, next suppport is 113.24. Should that fail, IWM see 102.  Over 124.88, can see 134 Dow (DIA) 235 resistance then 237.45. Support …


04/21/2020

Aldrin Gonzales | April 20, 2020

S&P 500 (SPY) Ran right to resistance at under 288 and fell today. Support at 278-280 to be tested.

Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance

Dow (DIA) 240 pivotal 234.80 support to hold

Nasdaq …


04/21/2020

Aldrin Gonzales |

S&P 500 (SPY) Ran right to resistance at under 288 and fell today. Support at 278-280 to be tested. Russell 2000 (IWM) 114.55 support 118-120 pivotal. 125.80 2018 November low resistance Dow (DIA) 240 pivotal 234.80 support to hold Nasdaq …


Main Street and Wall Street Not Speaking

Keith Schneider | April 19, 2020

U.S. stock indexes extended their rally for the most part with the NASDAQ 100 (QQQ) up +1.3% YTD and +6.9% for the week. However, small caps Grandpa Russell (IWM) closed -1.5% for the week and down -26.3% for the year. …