BMO – ES + 8.25…and NQ + 18.50…stock futures point to a HIGHER
open in pre-market…
SPY is up .73…
XLF is …
Euro is down
73 pips…
TLT is …down .37…
Follow your rules for entry and exit…and always remember to
adjust stops to protect profits also according to your rules...
Quoting Up: GPRO, GOGO, CSIQ, YELP, MTW, FAS, AMBA, UAL, UNG, DAL, MS, BBY,
FEYE, TWTR, SCTY, AAPL, AAL, QCOM, CELG, FB, EXPD, GILD
Quoting Down: JASO,
JCP, GLD, HPQ,
3 comments:
There seems to be a big difference between the market forecast green line value on SPY vs. $SPX. This week the approx. 15 point spread makes a difference as far as bullish vs. bearish posture. Which one is more reliable?
Regarding the Market Forecast green line SPY vs $SPX: There seems to be a bad data feed or weird trade for the SPY Dec 18 bar. Both TOS and Prophet charts show a very high spike during the last minute of trading, up to 212 area. This spike was not reflected in futures or the $SPX. When I correct the Dec 18 daily bar in TOS (made the high = 206.97 as a guess) then the Market Forecast green line is very close to the SPX green line. I do not know how to correct the data in Prophet, though. So you are correct, the green line for SPY in Prophet will not be accurate for a while. Good catch!
Thank you John D!
Post a Comment