Tag Archives: Silver

21 July: Forecast: Stock Indices, Commodities

  S&P: 2473 24 Hour Outlook: Neutral Medium Term: Neutral Preferred 24-hour Strategy: Neutral Another day, another all-time high, today @ 2475. With the daily momentum indicators pointing higher, further gains would seem likely in the days ahead although the short term charts are looking a little mixed today so some caution is warranted. A continuation of the… Read More »

19 July: Forecast: Stock Indices, Commodities

  S&P: 2459 24 Hour Outlook: Neutral Medium Term: Neutral Preferred 24-hour Strategy: Neutral With the daily momentum indicators aligning slightly higher further gains would eventually seem likely although the short term charts are now neutral and another rangebound session would not surprise. Personally, I prefer to remain sidelined at these levels. Resistance Support 2480 Minor 2447 Session… Read More »

18 July: Forecast: Stock Indices, Commodities

  S&P: 2459 24 Hour Outlook: Neutral Medium Term: Neutral Preferred 24-hour Strategy: Neutral The S+P had a quiet day just below Friday’s new peak of 2460, leaving the outlook unchanged. With the daily momentum indicators aligning slightly higher further gains would eventually seem likely although the short term charts are now neutral and another rangebound session would… Read More »