Macro Theme: Short Term SPX Resistance: 4,800 Short Term SPX Support: 4,750 SPX Risk Pivot Level: 4,700 Major SPX Range High/Resistance: 4,800 Major SPX Range Low/Support: 4,500 ‣ 4,800 is our current max upside target, due to a Call Wall shift on 12/19....
Macro Theme: Short Term SPX Resistance: 4,800 Short Term SPX Support: 4,700 SPX Risk Pivot Level: 4,700 Major SPX Range High/Resistance: 4,800 Major SPX Range Low/Support: 4,500 ‣ We look for higher volatility (i.e. more market movement) starting this...
Macro Theme: Short Term SPX Resistance: 4,800 Short Term SPX Support: 4,700 SPX Risk Pivot Level: 4,700 Major SPX Range High/Resistance: 4,800 Major SPX Range Low/Support: 4,500 ‣ We look for higher volatility (i.e. more market movement) starting this week...
Macro Theme: Short Term SPX Resistance: 4,750 Short Term SPX Support: 4,700 SPX Risk Pivot Level: 4,700 Major SPX Range High/Resistance: 4,750 Major SPX Range Low/Support: 4,400 ‣ We look for higher volatility starting this week (12/11), triggered by 12/12 CPI,...
Macro Theme: Short Term SPX Resistance: 4,558 (SPY 455 Call Wall) Short Term SPX Support: 4,500 SPX Risk Pivot Level: 4,500 Major SPX Range High/Resistance: 4,600 Major SPX Range Low/Support: 4,200 ‣ IV levels are anemic (~8%), which suggests that a pop higher...
Macro Theme: Short Term SPX Resistance: 4,600 Short Term SPX Support: 4,500 SPX Risk Pivot Level: 4,500 Major SPX Range High/Resistance: 4,600 Major SPX Range Low/Support: 4,200 ‣ We anticipate the equity market high being Wednesday AM 11/15, with consolidation...
Macro Theme: Short Term SPX Resistance: 4,558 (SPY 455 Call Wall) Short Term SPX Support: 4,450 SPX Risk Pivot Level: 4,400 Major SPX Range High/Resistance: 4,558 (SPY 455 Call Wall) Major SPX Range Low/Support: 4,200 ‣ We anticipate the equity market...
Macro Theme: Short Term SPX Resistance: 4,450 Call Wall Short Term SPX Support: 4,400 SPX Risk Pivot Level: 4,300 Major SPX Range High/Resistance: 4,450 Major SPX Range Low/Support: 4,000 ‣ Barring a major CPI miss, one has to favor a final Christmas rally out...
Macro Theme: Short Term SPX Resistance: 4,300 Short Term SPX Support: 4,200 SPX Risk Pivot Level: 4,220 Major SPX Range High/Resistance: 4,300 Major SPX Range Low/Support: 4,000 ‣ Nov 1st FOMC is a major turning point for equities* ‣ We view 4,000 as a major...
Macro Theme: Short Term SPX Resistance: 4,300 Short Term SPX Support: 4,200 SPX Risk Pivot Level: 4,225 Major SPX Range High/Resistance: 4,300 Major SPX Range Low/Support: 4,200 ‣ Nov 1st FOMC is a major turning point for equities* *updated 10/23 ...
Macro Theme: Short Term SPX Resistance: 4,325 Short Term SPX Support: 4,225 SPX Risk Pivot Level: 4,315 Major SPX Range High/Resistance: 4,400 Major SPX Range Low/Support: 4,200 ‣ If the SPX closes <4,300 on Friday 10/20, we look for a short relief...
Macro Theme: Short Term SPX Resistance: 4,400 Short Term SPX Support: 4,300 SPX Risk Pivot Level: 4,315 Major SPX Range High/Resistance: 4,400 Major SPX Range Low/Support: 4,200 ‣ We look for a range pin in the 4,300 - 4,400 into 10/18 VIX exp.* ‣ A window for...