Tag "stock chart analysis"

S&P 500 Futures Trading Outlook For October 23

Stock Market Futures Trading Considerations For October 23, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are inching higher on Monday morning following Friday’s continuation. The trend is bullish but expect intraday pullbacks. See our key trading levels for the S&P 500, Nasdaq, and crude oil below. Check out today’s economic…

Chart Spotlight: S&P 100 Index (OEX) At Major Price Resistance

The S&P 100 Index (INDEXSP:SP100) touched its Yearly Yr2 Pivot around 1133 on Wednesday… and its testing it yet again today (at the time of this writing, it’s at 1133.40). What’s so special about the Yearly Yr2 pivot? Well, it usually produces a market pullback or correction. For more on…

S&P 500 Futures Trading Outlook For October 20

Stock Market Considerations For October 20, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading higher this morning following a strong “buy the dip” performance yesterday. See our key trading levels for the S&P 500, Nasdaq, and crude oil below. Check out today’s economic calendar with a full rundown of releases. And…

Investors: What Happens Next For Banks Stocks Is Important

The financial sector and banks stocks have always carried weight in the markets. The markets tend to perform well when they are leading, and underperform up to, and during, corrections and crises. So it’s always a good idea to monitor the health of the financial sector. The chart below looks…

S&P 500 Futures Trading Update For October 19

Stock Market Trading Considerations For October 19, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) are trading lower this morning as sellers finally show up in force. All eyes on key trading support levels, along with reactions to bounce levels. See below. Check out today’s economic calendar with a full rundown of…

S&P 500 Futures Trading Outlook For October 17

Stock Market Trading Considerations For October 17, 2017 The S&P 500 (INDEXSP:.INX) continues to grind higher in morning trade. Will this consolidation break higher once more… or roll over? Pay attention to key price pivots (support and resistance) for today (below). Check out today’s economic calendar with a full rundown of releases. And…

S&P 500 Futures Trading Outlook For October 16

Stock Market Trading Considerations For October 16, 2017 The grind higher continues to open the week, as the S&P 500 (INDEXSP:.INX) ticks up a few points in early morning trade. Key price pivot levels (support and resistance) for today are located below. Check out today’s economic calendar with a full rundown of…

S&P 500 Weekly Outlook: Breadth Improving, Sentiment A Concern

In this week’s investing research outlook, I will analyze the current trend of the S&P 500 Index (INDEXSP:.INX), check in on market breadth and investor sentiment indicators, and discuss current themes and news that we are watching in the financial markets. Here’s a summary of our findings for the week ending October 13, 2017:…

Chart Spotlight: Financial Sector ETF (XLF) Turns Lower

CHART SPOTLIGHT: The Financials Sector ETF – $XLF The S&P Financials Sector ETF (NYSEARCA:XLF) took a further step down in a move which largely has followed what Treasury yields have done over the last few days. XLF sent a warning on Thursday when it undercut the lows of the prior…

S&P 500 Futures Trading Outlook For October 13

Stock Market Trading Considerations For October 13, 2017 The S&P 500 (INDEXSP:.INX) is holding steady here but traders should be ready for a break up or down. The consolidation phase is nearing a decision and how price reacts at our target levels will determine where we are headed. See below….