DanGramza

01:51

DanGramza

Will sellers maintain control in the S&P 500 going into the weekend? Buyers did come into the market on Thursday but failed to hold and sellers pushed the market lower. Another possibility is sellers taking profits on Friday as we go into the weekend.

01:19

DanGramza

Sellers named in control in the S&P 500 on Wednesday. We are approaching levels that buyers have entered the market in the past. So, be cautious on the short side.

03:08

DanGramza

The price action that we saw in the S&P 500 on Tuesday has the potential for a change in market direction. The key on Wednesday would be for the market to trade above Tuesday's high and give a stronger close above that high.

03:12

DanGramza

After the drop in the S&P 500 on Monday, and inside day would be expected unless we get surprise fundamentals for continued weakness in this market on Tuesday.

02:36

DanGramza

Based on the fundamentals that we saw coming out on Friday, the market response in the S&P 500 is an anxiety attack based on a nervous outlook for the market. I do not look for a dramatic move lower on Monday without new fundamental information to create an increase in anxiety.

01:57

DanGramza

With improving PPI data, buyers returned to the S&P 500 on Thursday. The challenge now will be can they follow through and maintain an upward movement going into the weekend which would be a sign of confidence.

02:28

DanGramza

After the dramatic move lower in the S&P 500 on Wednesday, the expectation would be for this market to catch its breath on Thursday. This means another large move lower would not be expected. However, it's important to keep in mind that on Thursday PPI will be released and this could create more dramatic volatility to the downside.

01:55

DanGramza

The stage is set in the S&P 500 for Wednesday's CPI report. The bias for this market is to move higher but it's important to keep in mind when this result comes out the market reaction is 50-50.

01:03

DanGramza

With the market focusing on the CPI numbers coming out on Wednesday, a quiet day in the S&P 500 is expected for Tuesday.

03:02

DanGramza

Buyers return to the market on Friday in the S&P 500. The challenge is can they follow through on Monday. This is the action that you would be looking for if indeed momentum is building on the buy side.

02:14

DanGramza

The stage is set in the S&P 500 for Friday's job report. On Thursday the S&P 500 overreacted to comments made by the Fed presidents. When you have this type of report on Friday, the market reaction on Friday is 50-50.

02:19

DanGramza

The expectation for Thursdays price action in the S&P 500 is for movement to the upside but not a large move based on the structure shown on Wednesday.

02:56

DanGramza

After the break lower in the S&P 500 on Tuesday, the expectation for Wednesday is a rest day as the market waits for additional job information in the latter part of the week.

02:11

DanGramza

After Monday's action in the S&P 500, a dramatic lower move would not be expected for Tuesday.

02:43

DanGramza

The bias for the S&P 500 remains bullish. However, the price structure as the market finish trading for the week is potentially bearish as discussed in the video. Although will be closed on Friday it will be interesting to see how the market reacts to fundamental information on Friday when it opens again 5 o'clock Chicago time Sunday night.

02:34

DanGramza

How the S&P 500 futures market finishes on Thursday will provide us with clues about the level of confidence from buyers as we go into additional information on Friday when the markets going to be closed and into a holiday weekend.

01:26

DanGramza

The expectation for the S&P 500 is an inside day on Wednesday as the market evens up midweek.

02:07

DanGramza

The S&P 500 market structure after 2 days of selling implies reaching a level that buyers may return to this market. Be cautious on the short side on Tuesday