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VIDEO! Watch and Subscribe The S&P 500 finished the week down 4.6%. What the bulls gained the prior week, the bears taketh away. Right now, the S&P 500 is sitting on support in which it has sat two times prior just recently. Monday was a great open for the S&P 500, but it could not close on a strong note. So what happens when the…
Click for Video The bulls fought hard this past week and the S&P 500 was up 4.85%! This is exactly what the doctor ordered when it came to saving the bullish structure of the S&P 500. The S&P 500 bounced from support and is now toward the top of a smaller trading range but still in the bottom half of the larger trading range…
Be Right, Wrong & Happy – Youtube Video The S&P 500 was down 3.79% for the week. Ouch! The bears took the bulls behind the wood shed and let them have it! Of course, all is not lost for the bulls. The S&P 500 starts the week on support, is a possible double bottom and ABC correction (The markets move in legs…leg up, leg…
Click – Watch – Subscribe! I noticed a popular chart pattern in the S&P 500 this week while reviewing the portfolio positions and looking for new opportunities. I got really curious to see if others noticed the pattern. So, I searched around and started reading different commentary about the S&P 500. I’ll tell you, my head started to spin. What I quickly noticed is the…
How to Stop Worrying about the Stock Market – Click to Follow The S&P 500 finished the week up 2.13% by the closing bell on Friday. The first leg down from the market top is officially over. This action triggered a buy last week on the S&P 500; however, we did not take it with any additional positions because of the strength of the first leg down….
YouTube Channel Link – Video Format The S&P 500 bulls didn’t have much strength at all last week. The index slid down almost 4% by the close of Friday…3.94% to be exact. Obviously, the 50% retracement level did not hold. The good news for the bulls is that the S&P 500 is sitting on support and the short-term price action of Friday could be…
Video with Graphs – Watch, Like, & Subscribe! The S&P 500 bears came out of the woodwork last week. We got a sell signal three weeks ago along with the sell trigger a couple of weeks ago. The bears certainly fulfilled the validity of the sell trigger this week pulling the S&P 500 down over 4% for the week. The good news for the bulls…
You Tube Video – Like & Subscribe The S&P 500 bears showed some strength last week and triggered a sell. The S&P 500 ended up finishing the week down .97%. The good news is for the bulls is that the S&P 500 is still above short-term support, still within the bull channel, and above the most recent broad trading range. The longer-term momentum is…
YouTube Update – Click & Subscribe The S&P 500 stalled last week and fell .54% after the dust settled Friday afternoon. The weekly price action is still bullish for the S&P 500. As we’ve commented on in the videos, the S&P 500 will be bullish until there is either a significant move to the upside at an angle higher than it’s current projection, or…
You Tube – Click & Subscribe The S&P 500 snapped up .85% for the week closing at all-time new highs as the bull train continues. The price action remains bullish until one of three things happen. The first, the S&P 500 breaks below the 2860 range. The second, price breaks below the current bull channel. Thirdly, price breaks above the channel line which would signal…