U.S. Equities Weekly Outlook: Can Bulls Sustain A Rally?
Key Stock Market Takeaways:
The rally off the October lows has faded at resistance and the broader market continues to be a source of weakness and...
S&P 500 Trading Outlook: Bottoming Process Underway
S&P 500 Trading Outlook (3-5 Days): Bottoming process near-term
The trading environment is still mildly bearish given the rally within the downtrend, but I feel that...
Stock Market Futures Update: Bulls Need Follow-Through Buying
Fast moves up and down, back and forth, have the stock market (and traders) lacking conviction.
This price action has made for some messy charts.
S&P...
2018 Stock Market Correction: Similarities to the 2016 Retest?
RETESTS ARE COMMON
Fifteen days ago we posted the following charts:
In that October 30 post we noted:
In the 2016 chart above, notice how it is not...
S&P 500 Trading Outlook: Cycle Low By Week’s End?
S&P 500 Trading Outlook (3-5 Days): Bearish
Look to sell rallies with a move down to test the 2710 area initially. Bulls need to see an...
Mid-Week Stock Market Outlook: Bears Gone Wild!
The U.S. equity markets were mostly flat to slightly lower today.
All four major stock market indices have bearish intermediate postures.
The S&P 500 (NYSEARCA: SPY)...
Stock Market Correction Lingers As 800 Pound Resistance Levels Hold
Key stock market indices continue to struggle beneath 800 pound Fibonacci extension levels (resistance).
In today's "6-pack" chart, we illustrate these key bull/bear lines for...
S&P 500 Weekly Cycle Forecast: Risk Still Lingers For Stocks
The stock market rose last week, with the S&P 500 (NYSEARCA: SPY) rallying 58 points to 2781, an increase of 2.1%.
Now bulls and bears...
The Broader Stock Market Is Healing… But Not Healthy Yet
The October stock market correction caused damage that has not been fully repaired just yet... despite the stealth 8 percent rally off the October...
Weekend Market Outlook: More Near-Term Downside For Stocks?
The S&P 500 (SPY) finished lower for the second day in a row starting a near-term (blue line) pullback as the intermediate line (green...
