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8/31/2020 8:39 AM
“…the price action has not yet given reason for short-term, momentum-based participants to panic out of equities or abruptly stop doing what has worked for months. Resistance levels have generated o...
8/17/2020 8:35 AM
"…as you have heard many times before during the past few months, it seems that each time the SPX takes out a resistance level, no matter how long it took to do so, there is a level (or levels) lurk...
7/27/2020 9:01 AM
…the small-cap Russell 2000 Index (RUT -- 1,418.63) simultaneously failed at the round 1,500 area, which is in the vicinity of its 200-day and 320-day moving averages. Additionally, the 1,500 level is...
7/1/2020 8:00 AM
It was a chaotic first half of 2020, with the three major benchmarks falling and rebounding at remarkable levels. Currently, the tech-heavy Nasdaq Composite (IXIC) is up double-digits despite the cor...
1/27/2020 8:57 AM
A general area that could act as a speed bump on $SPX is 3,335, which is 5 x's '09 low at 666.79. Double the low was a year-long challenge in '11-'12 and there was major sideways movement for month...