S&P 500 Update: Price Targets Coming Into View
The S&P 500 (SPX) closed last week at new all time highs. And the momentum carried over to Tuesday, as the index moved over the 2100...
Japan’s Nikkei 225 At Major Technical Resistance Level
Japanese equities have been strong since bottoming last October. The most visible sign of the Japanese markets is the Nikkei 225 Index. Its rally out of the...
Russell 2000 Riding Its Bullish Channel Higher
The markets bounced higher last week and small cap stocks were one of the beneficiaries. The Russell 2000 Index (RUT) had a big week and...
Trend Traders: Why It’s Time To Put January Behind Us
Stocks started 2015 inauspiciously with the S&P 500 (SPX) down 3% in January. That equates to a coin toss regarding how stocks will end the...
Will The Dow Jones Restaurant Index Take Stocks Lower?
Dow Jones Restaurant Index is carving out a 5 waves higher move and there are multiple technical indications that this index is topping and...
Why Investors Should Watch 1976 On The S&P 500
Math plays a big role in nature and the financial markets. For instance, several trading algorithms use Fibonacci retracement levels to identify levels where...
S&P 500 Update: Market Levels And Indicators To Watch
The S&P 500 (SPX) recovered nicely off the lows made this morning (1989.18). After spending much of the morning in negative territory, stocks rallied...
London’s FTSE 100: Battling 15 year Resistance Level
With London's FTSE 100 Index, the current price area has stood as particularly durable resistance for more than a decade. We are watching to...
Stock Market Checkup: Levels To Watch On Major Indices
It’s been a rocky ride thus far for the major stock market indices in 2015. Just 3 weeks ago I wrote about the resistance levels for...
Chart Of The Day: NASDAQ 100 Closes On Key Support
Large cap tech stocks had a rough day. And no other index measures this as well as the NASDAQ 100 (NDX). The NASDAQ 100...