Yesterday was a slam dunk day for the bears as whatever support, such as the retention of 4,325 in the S&P 500, was sliced apart. We are now looking at measured move targets for...
The Dow Jones Index is testing the long-term trend's strength in the form of the 200-day moving average. The touching of this curve at the end of May and a brief dip below in March...
While the Russell 2000 has recovered from breaks of its 200-week MA before, every such test (and break) of the moving average increases the chance of a flip from a level of support...
Today's price action will determine how we finish on weekly time frames, but the likelihood of an ugly close to the end of the week is high. If things stay as they are, we will see...
It has been a rough summer for investors, with markets pushing losses for the last few months. It's not all doom and gloom, with markets more range-bound than permanently...
All headlines this week will focus on the Fed's decision, but markets had their own big end-of-week finish last week with triple witching options expiration combined with a...
After Russell 2000 (IWM) pushed down to the 200-day MA in its third test of the moving average since early August, there was an accumulation-worthy counter move higher that...
I doubt any of our readers are too surprised by the CPI reading coming in a bit hotter than expected. The bulk of it was in energy costs. Food costs were mixed with bread and meat...
There wasn't a whole lot of change from my last post. The Russell 2000 (IWM) is holding just above its 200-day MA but has been curtailed by its 20-day MA; this squeeze will have to...
Friday's brief recovery for the S&P 500 and Nasdaq quickly found itself running into trouble at their respective 50-day MAs. It was a little different for the Nasdaq in that it...