Pre-market futures point to a modestly negative opening as JP Morgan released earnings this morning that were within Wall Street expectations on the bottom line, but disappointed on revenues.
The S&P 500 indicator is at -6. Yesterday, the U.S. market spent much of the day moderately in the red until late in the day when the indices turned green. The S&P 500 closed +3.02 to close at 1295.50 while the DJIA added 21 points to close at 12471.02.
Make sure to go through past daily setups as although some of them have not triggered yet, they remain valid and I do not make a habit of repeating the same setups day-to-day.
The S&P 500 indicator is at -6. Yesterday, the U.S. market spent much of the day moderately in the red until late in the day when the indices turned green. The S&P 500 closed +3.02 to close at 1295.50 while the DJIA added 21 points to close at 12471.02.
Make sure to go through past daily setups as although some of them have not triggered yet, they remain valid and I do not make a habit of repeating the same setups day-to-day.
Here are a few setups for today. ALWAYS use stops to prevent big losses.
Click on charts to enlarge:
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