S&P 500 Grinds Higher into Resistance

You Tube Channel – Watch Video – The S&P 500 finished the week up .61% after it was all said and done on Friday afternoon. It’s like there is no gravity to the S&P 500 right now. The trading for the past 9 weeks has been pretty darn close to vertical. This type of price action is called a tight bull channel. It’s important because typically…

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Weak Sell Signal Not Enough to Attract Bears

YouTube Video – The S&P 500 had another bullish week. The index advanced by 2.5%. It seems there is not room for any bears. Certainly those that sold last week are feeling a little pressure right now with the index closing on its’ high for the week. Yes, there was a sell signal last week, but the sell trigger did not go off. The bears…

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Where are the Bears?

YouTube Video – Like and Subscribe! With last week’s price action, one might think the bears have given up. Do the bears even stock market anymore?? The S&P 500 was up 1.57% for the week. The bears were not able to hold back the bears hardly at all beyond Tuesday’s price action. The S&P 500 opened up on Wednesday and pretty much rose the…

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Head Fake or Bear Market?

Video – Watch! It was an absolutely fierce battle between the bulls and bears this past week. Alas, the bulls posted a victory for the week as the S&P 500 finished up 1.86%. It was exciting to say the least, but even after the past two weeks of bullish price action, the longer term structure of the S&P 500 remains bearish. There are two…

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