So far, the S&P 500 index has support on the SPX chart at 6,840 and stronger support at 6,720 (the December lows). Bearish ...
A positive signal emerged last week on the candlestick chart of the S&P 500 Index (SPX). On Wednesday, the chart formed a bullish outside day — that is, the high is above the prior day’s high, the low ...
The S&P 500 index SPX gapped higher two days in a row this week - a show of strength. (Those gaps are marked with circles on the upper right of the SPX chart below.) There's support now for SPX at the ...
A record 33% of S&P 500 market cap trades above 10x price-to-sales, far surpassing dot-com bubble levels and signaling extreme overvaluation. Sales growth is slowing sharply, with leading indicators ...
Last week brought a long list of economic reports, from data on inflation (core personal consumption expenditures (PCE) prices) to personal income and spending, inventory at the retail and wholesale ...
The long-term primary trend has been bullish since 2009, and remains so. The S&P 500 is bouncing off the bottom of the latest fractal trading-range and is setting up to hit new highs later this year.
There’s no denying that we’ve seen signs of distribution, from key stocks like Apple, Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA) breaking down to breadth conditions that have become less bullish ...
Potential government shutdown is fueling volatility and sell signals - but this is one tough bull Investors are concerned that a working government will come to a halt at the end of September. The S&P ...
Before I begin this article, I feel obliged to engage in a bit of a tangential rant which actually relates to my charts. If you're on the hurry-up, or if you find my sense of humor to be confusing and ...
A rare bullish outside day just formed on the SPX chart A positive signal emerged last week on the candlestick chart of the S&P 500 Index (SPX). On Wednesday, the chart formed a bullish outside day — ...