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

The stock market, S&P500, SPY, NDX, QQQ is following through with a second bullish day for the week. Futures are higher on a lessening of awful virus news, as some countries are showing signs of a peak.


Price action is printing a bullish wave, with Fibonacci resistance overhead between 38.2/50%. A move to 61.8% though unexpected at this juncture, is a possibility, which would offer immense resistance as the 50/200d are crossing right in that area.

MACD suggests bulls are persistent, with histogram building taller bars.

VIX is key. If volatility comes in dealers will start to buy back shares as their short puts lose value.

TICK cumulative is rising reflecting institutions buying more than they are selling in realtime.

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Zero-gamma has moved to 285.00 for the SPY, the no-mans-land between 50/61.8% Fibonacci. Gamma would flip to positive.

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The PutWall has moved to 260.0 from 255.0. This is support and the location of the 21d.

Finally, while the markets are moving higher, don’t get complacent. We are still in day trade mode while taking fewer short-term swings. In addition, we will be watching for “big options trades” between 10:00 ~ 10:30 AM reporting them LIVE as we see them, so stay tuned.

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.