The Closing Print live trading and financial blog during market hours.

S&P 500 Futures Are Lower to Start The Day – Buyer Beware

Buyer Beware. This is an update to the weekend video, as futures are starting off the week lower in the early session. We need to be careful on initiating positions until the Opening Range is complete. We’ll wait until are 10:30 AM unless stocks on the watchlist that were showing relative strength last week continue on their merry way.

S&P 500 – SPY Daily

Price action is hovering near the 5min, 240e at 265.00 (+/-) for the past 90 minutes. SPY is presently holding above the pivots from late November and early December. A loss of this area would signal a potential new leg down. Breadth indicators are Miami hot.


SPY Daily 01-22-2019


We planned for this potential leg down over the last week, taking profits into strength.

If price action does begin lower lows on the 60-minute chart, we’ll hedge with puts and/or SQQQ, SDOW, DOG or SPXU.

If price action holds this area, we’ll update during the trading day LIVE, using the thoughts from the weekend video as a reference.

Join us today for our LIVESTREAM broadcast, as we trade these new positions while monitoring the markets. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading,


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Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.