Stock Market Failed Rally?Stock-Markets / Stock Markets 2015Jun 15, 2015 – 02:26 PM GMTBy: Andre_GratianCurrent Position of the MarketSPX: Long-term trend – Bull MarketIntermediate trend – Waiting for confirmation that the ending triangle is complete.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of […]
Stock Market Correction ContinuesStock-Markets / Stock Markets 2015Jun 13, 2015 – 10:01 PM GMTBy: Tony_CaldaroAnother day traders week. After starting the week at SPX 2093 the market traded down to 2072 by Tuesday morning. After that a sharp rebound occurred, helped by two gap up openings, to SPX 2115 by Thursday morning. Then the market started to retreat again, ending […]
Above is a useful short-term measure of whether we are trading in an “overbought” versus “oversold” mode in the U.S. stock market. The blue line is the cash SPX; the red line is a five-day moving average of the following:(5-day new highs minus 5-day new lows) + (20-day new highs minus 20-day new lows) + (100-day new highs minus 100-day […]
Stock Market Downtrend ContinuesStock-Markets / Stock Markets 2015Jun 07, 2015 – 12:01 PM GMTBy: Brad_GudgeonLast weekend, I was looking for a low on Monday, a rally into Wednesday and then down into June 8, followed by a rally into June 10 and then down hard into June 12. The low came on Tuesday, and we did rally into a Wednesday […]
Stock Market Wild Swings Coming!Stock-Markets / Stock Markets 2015May 31, 2015 – 05:39 PM GMTBy: Brad_GudgeonLast time I wrote, the market looked toppy and I was anticipating a 2.5 week low Tuesday (which used to be the dominant 5 week lo). We rallied Wednesday after the expected selling then sold off the rest of the week. I had said that […]
It was more whimper than roar, but the S&P 500 (SPX) ground to another record high last week. This achievement was scored within whisker-thin trading ranges as select measures of broader-market volatility probed 2015 lows. Now, economic data comes into focus in this holiday-shortened week and in the week following, which features the typically closely watched monthly jobs report.Volatility flared […]
Stock Market Top in Place?Stock-Markets / Stock Markets 2015May 26, 2015 – 12:19 PM GMTBy: Andre_GratianCurrent Position of the MarketSPX: Long-term trend – The bull market is still intact.Intermediate trend – Are long-term cycles sketching an important top?Analysis of the short-term trend is done on a daily basis with the help of hourly charts. They are important adjuncts to the […]
Stock Market SPX Uptrend Inflection PointStock-Markets / Stock Markets 2015May 23, 2015 – 06:40 PM GMTBy: Tony_CaldaroThe market opened the week at SPX 2123. It then made marginal new all time highs on Monday, Tuesday, and also Wednesday, before going into a trading range for the rest of the week. The entire range for the week was only 15 points. […]
We’re going on 3 months since our last trading update. It’s not been because of poor performance (although there is that) but more our busy schedule and chosen day of the week to update. Typically we update our models and spreadsheets after Friday’s close and then update the blog afterwards however with summer approaching and the thermometer creeping up we […]
All Eyes on Stock Market New HighsStock-Markets / Stock Markets 2015May 10, 2015 – 06:30 PM GMTBy: WavePatternTradersDOWFinally it seems we may just see that new all time high to complete the ending diagonal pattern we have been following for the last few months, more importantly it also seems the DOW has also caught up with the SPX, which is […]
