S&P 500 Technical Support Looms Large For Traders
The stealth downdraft that occurred last week has offered little more than intraday trading opportunities for the nimble (and surgical). The added volatility has its...
S&P 500 Technical Update: Will Opex Bring New Highs?
Another mini-pullback, another buy the dip rally? Monday's price action felt a lot like more of the same. Although we won't know until we get...
S&P 500 Update: BTD Stock Pullbacks In Focus
Since the February lows, stocks have seen several shallow pullbacks. Most pullbacks have lasted 2 to 4 days, while the lone outlier lasted 7 days....
S&P 500 E-Mini Wave Analysis Hints Lower But Trend In Tact
While prices perked up after the intra-day lows on Thursday, I still believe another leg lower will unfold. With the S&P 500 e-mini trading...
NYSE Composite Tags Key Long-Term Bullish Target
Despite yesterday's selling, the NYSE Composite (NYA) is trading within 1% (and came within 0.1% at 06/11's intraday high) of completing the massive harmonic...
The Anatomy Of A Bearish Bat Pattern: The Nasdaq Composite
As the market reverses course today, I thought it would be important to post a harmonic pattern on the NASDAQ Composite that I've been following:...
S&P 500 Stretched, But Time And Price Wearing Bears Down
It was 12 sessions ago that the S&P 500 broke out above 1900. And considering that the index closed today at 1943 (or just 2.3% above...
Redlining Momentum: Is the S&P 500 At Risk of Blowing Up?
Up 12 of the last 13 days at mid-day, equities are cutting through some rarely-tread waters today with the June S&P 500 E-mini futures...
S&P 500 Technical Update: Putting Price Targets In Perspective
After a few days of slow-go consolidation, the S&P 500 is thrusting higher again today. Although it is just 2 percent above the breakout plateau...
Market Snapshot: Major Indices Near ‘Big’ Levels
As many investors begin to prepare for the long holiday weekend, the major indices are nearing a critical juncture. Is a breakout coming. Or...
