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...
SPX Technical Update For May 20
As the market continues to be choppy and rangebound, it certainly seems to be following certain levels. The S&P 500 is currently pushing up...
S&P 500 Technical Update: Tuesday Whose-day?
Lots of chatter about the strength of Tuesday in 2014. According to Ryan Detrick, Tuesday's are up 9.25% this year. And according to J....
S&P 500 Weekend Update: Uncertainty Keeps Markets Choppy
As the market chop continues, so does the uncertainty. This isn't necessarily a bad thing (nor a good thing). It just means that market...
Beyond the NASDAQ Head and Shoulders Pattern
The NASDAQ 100 continues to build out a medium-term Head & Shoulders Top pattern that began developing during December 2013's Santa Claus rally. Aside...