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 new level to put on your radar for this year is 6,845 on the SPX, which is its 2025 close. As we move through the year, those anchoring to the year-to-date “breakeven” level might use 6,845 for ...
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.
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 ...
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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 ...