Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

What Now for the SPX?


What next for the SPX? My sense is that if yesterday's upmove was not the start of a vertical upside blow-off that is heading directly for new all-time highs above 2080, then the index otherwise has carved out a whipsaw, year-end trading range between 1980/70 on the low side versus 2050/60 on the high side.

The flat 50-Day EMA, now in the vicinity of 2018, will provide support on any weakness that emerges in the upcoming hours/days.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!