Trend Traders: Why It’s Time To Put January Behind Us
Stocks started 2015 inauspiciously with the S&P 500Â (SPX) down 3% in January. That equates to a coin toss regarding how stocks will end the...
Will The Dow Jones Restaurant Index Take Stocks Lower?
Dow Jones Restaurant Index is carving out a 5 waves higher move and there are multiple technical indications that this index is topping and...
Why Investors Should Watch 1976 On The S&P 500
Math plays a big role in nature and the financial markets. For instance, several trading algorithms use Fibonacci retracement levels to identify levels where...
S&P 500 Update: Market Levels And Indicators To Watch
The S&P 500 (SPX) recovered nicely off the lows made this morning (1989.18). After spending much of the morning in negative territory, stocks rallied...
London’s FTSE 100: Battling 15 year Resistance Level
With London's FTSE 100 Index, the current price area has stood as particularly durable resistance for more than a decade. We are watching to...
Stock Market Checkup: Levels To Watch On Major Indices
It’s been a rocky ride thus far for the major stock market indices in 2015. Just 3 weeks ago I wrote about the resistance levels for...
Chart Of The Day: NASDAQ 100 Closes On Key Support
Large cap tech stocks had a rough day. And no other index measures this as well as the NASDAQ 100 (NDX). Â The NASDAQ 100...
German DAX Closes Higher: But Chart Pattern Awaits ECB
The German DAX Index closed today up 1.38% at 9781.90 on the heals of hopes for a new and improved economic stimulus out of...
S&P 500 Opens Lower: Where Will Buyers Show Up?
The S&P 500 opened the week lower, as futures reversed course into the cash session. But if the current Elliott Wave count that I have is...
Russell 2000 Bounces; Traders Eyeing Overhead Resistance
Earlier this morning, several traders (including myself) noted that the Russell 2000 bounce was lagging other major equity indices. Why would this be important?...
