SOME NEW ISSUES FOR YOUR VIEWING

click to enlarge

new issues for your re-view _ not a buying or selling recommendation _ for educational purposes

stall above 50dma with a narrow range day and an inside day

Need to be right !

                                                   
                                                        TO BE SUCCESSFUL

IN THE MARKET IT'S MORE IMPORTANT TO BE HUMBLE THAN TO BE RIGHT
MANY TIMES WHAT TRADER NEEDS IS NOT MORE KNOWLEDGE OR A BRILLIANT MIND THAT CAN ANALYSE MARKETS BETTER BUT A HUMILITY TO SEE THE TRUTH, AND KEEP HIS MIND OBJECTIVELY FOCUSED IN THE  "NOW MOMENT"

S&Ps nearing range resistance

Hope remains alive that this week's earnings reports will put a support under the market ahead of next week's Fed meeting. If earnings provide the upside catalyst we should have no trouble pushing back above 50dma and into the prior range.
As of now S&Ps nearing range resistance at 1386.87.

note_how the market closes today is going to be very important indication of the next market move

S&Ps now

Watch for the move back into the prior range above S&P 1386.87, and above the range, expect a move back and above prior highs
OR
 if that doesn't materialise, be ready for a trade below last week's lows, 1351.36 at a minimum.

Earnings season is in full swing coming week.

Options expiration week.

note_ in this low confidence, low volume and high volatility environment, being patient and staying disciplined is very important