S&P 500 Breaks Trading Range to Upside

Video Commentary – Click to View – Subscribe! The S&P 500 FINALLY broke out of the trading range which started back in January. It’s taken the bulls almost 9 months to do it…but they got it done. The bulls pressure was so strong in the beginning of the week that they opened the S&P 500 higher on Monday than the high of the previous…

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Bulls Start Great! Finish in Fizzle…

New Video Format – Click to Watch The S&P 500 started the week off great! But then…but then the selling ensued. The S&P 500 ended the week with a sell signal at resistance. Don’t know if the selling will continue, but there is an obvious bear case coming into the week. The bear ‘o’ meter slid slighter signaling more risk in the US markets….

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Bulls Continue Pressure

YouTube Channel – Watch and Subscribe! The bulls were able to hold the bears down this past week with regards to the S&P 500. The S&P 500 ended up finishing up .76% for the week when the closing bell was struck on Friday afternoon. It wasn’t a great week for the bulls as they were not able to surpass the previous weeks highs, but given…

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Bulls Try, But No Progress

YouTube Channel – Watch and Subscribe! The bulls and bears called it a draw after a week of another trading. Neither one of the parties was able to show dominance for the week. After the closing bell on Friday, the S&P 500 was up .02% for the week. The Bear ‘o’ Meter stays the same for this week. Large, fairly diversified indexes, such as the…

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Bulls Bring S&P 500 to Tippy Top of Trading Range

​YouTube Channel – Watch and Subscribe! The bulls continued the pressure on bears. They were able to raise the S&P 500 another 1.5% from the previous week. The bulls were barely able to break the larger trading range going back to March of 2018. If they can show some strength early in the week, we may see a short-squeeze catapulting the S&P 500 even higher….

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Bulls Snap Back after Two Losing Weeks

YouTube Channel – Watch and Subscribe! The bears must have took the 4th of July off as the Bulls were large and in charge last week. Just as the S&P 500 looked like it was going to continue lower, the bulls decided to halt price and reverse it higher. The S&P 500 didn’t break out higher beyond the larger trading range, but it did create a…

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Bulls and Bears Call it a Draw

YouTube Channel – Watch and Subscribe! The S&P 500 was basically flat for the week. After it was all said and done, the S&P 500 finished up a small .02%. The bulls had a great opportunity to break to the upside past the resistance from March, but they could not. The good for the bulls is that the bears also tried to reverse the price…

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Bears Fail – Now Bulls Turn

YouTube Channel – Watch and Subscribe! For a short week, it was a lot of action in the S&P 500. The index opened the week below short-term support. However, after the break of support, there was no follow through. So, what we have is a failed bear breakout. The difference between this week and the prior is that the S&P 500 finished this past week…

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S&P 500 Stalls Again

YouTube Channel – Watch and Subscribe! The S&P 500 finished the week up .31%. It was basically a neutral week. Neither the bulls or the bears could break out of the range created the week before. The S&P 500 continues to trade in a series of trading ranges. The longer the trading range persists, the more evenly distributed the probability of a break to either…

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Neutral Week for S&P 500

YouTube Channel – Watch and Subscribe! The S&P 500 finished the week up .52%. The bulls started the week out with a lot of strength, but they could not hold on. The later in the week it got, the weaker the grip the bulls had on the S&P 500. The bears were able to pull the S&P 500 back into the trading range that has…

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