S&P 500 index, us stock market (SPX)

S&P 500… beauty, eh? [w/ edit]

Imagining a bull pattern on the S&P 500 [edit] I neglected to mention another factor in support of the imaginary bull pattern below. That would be the divergent RSI (and MACD) higher lows at the recent market price lower low. Okay bears, hang onto that ball now… bulls are ready to take your ball and then chase you around the playground giving wedgies (no pattern … Continue reading S&P 500… beauty, eh? [w/ edit]

alice, nftrh

S&P 500 Daily and Weekly Technical Status, With Internals Reviewed and Notes/Charts on USD, Gold & Silver

S&P 500 has dutifully curled down from the red dotted trend line just a hair below the 2040 resistance area.  The market is positive pre-US open and may try to bounce from the green shaded short-term support area that it rests at now.  Below that, I don’t think that 2000 +/- (‘W’ support) is going to be given up without a fight. But this week … Continue reading S&P 500 Daily and Weekly Technical Status, With Internals Reviewed and Notes/Charts on USD, Gold & Silver