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

The SPY is perched on top of the recent range highs at 315~316, consolidating last week’s gains. Support (gamma OI) is just below at 310 and 3100 for the S&P500. Sectors were mixed, with XLK outperforming again.

SPY Daily Consolidation Mode

Volume tapered off as price action retreated to the top of its range. MACD is turning, while many traders watch the rising 9ema. A close below this key moving average would be a warning signal, as this is also where major gamma support lies.

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SPY – SPDR Sectors

S&P500 SPDR Sector performance was mixed. XLB and XLP closed marginally higher, with the remainder taking a break.

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With futures flat this morning we’ll wait for the Opening Range to reassess today’s possibilities.

Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we navigate the current environment. 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 “advice” to enter any particular position or asset.

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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.