Web Statistics The Sentiment Trader
Showing posts with label spx chart analysis. Show all posts
Showing posts with label spx chart analysis. Show all posts

Saturday, 18 February 2017

s p 500 history chart - s&p 500 returns chart


s p 500 history chart - s&p 500 returns chart

"s p 500 history chart - s&p 500 returns chart" 

in the news s p 500 history chart - s&p 500 returns chart? What this all about..... See below. 

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Sentiment Trader notice U.S. equities closed mixed on Friday, but managed another record close, while investors kept an eye on France's presidential election.

"Investors right now continue to shrug off almost all bearish news and continue buying stocks," said Adam Sarhan, CEO of 50 Park Investments. "Pullbacks now last hours; not days."

"Right now, it seems we are in a state of unadulterated buying in the market, we think. 

The Dow Jones industrial average closed just above breakeven, with UnitedHealth contributing the most losses and Boeing the most gains.

The S&P 500 closed 0.1 percent higher, with telecommunications outperforming. The telecommunications sector, which had been one of the worst performers for most of Friday's session, erased losses in afternoon trade. Reuters reported that Japan's SoftBank Group is prepared to give up control of Sprint to T-Mobile to clinch a merger of the two U.S. wireless carriers.

Here is the chart, you can notice the S&P is in a nice upwards channel with the price right now up at resistance that goes back to mid 2016, so if there is going to be a problem in this rally it would come soon. 

This is quite interesting. 





It's not a surprise to see the market pause here, The question is whether this is the beginning of a pullback or just a pause."

The three major indexes had posted record closing highs five straight sessions before closing mixed Thursday. Lifting stocks were the prospects of President Donald Trump presenting a "phenomenal" tax plan soon, as well as solid economic data.

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Tuesday, 15 September 2015

spx chart analysis - Before the fed our spx chart analysis

 spx chart analysis - latest spx chart analysis

The market closed up triple digits today as stocks rally more than 1% ahead of Fed

U.S. stocks closed more than 1 percent higher Tuesday as investors eyed some of the final data reports leading into the Federal Reserve's key meeting.

The market's just kind of drifting around a little bit, if you look at the spx chart below. The volume's so light, I think it's the path of least resistance. There's less selling pressure on a given day because of the Fed coming out.

The important part of the next few days, is to see if the S&P 500 can hold above 2,000 in the near term.

The S&P 500 and Nasdaq composite each gained more than 1 percent, both within 8 percent of their 52-week highs. In early trade, the Nasdaq dipped into negative territory.

Lets be honest here, we are in a  market that's been meandering this week in a wait-and-see mode, the positives in the market are coming from the commodity complex,

There's a big camp out there that (believes) any negative news is going to keep the Fed on hold. They focus on the near-term rather than the big picture. We will have to see about that. Because one thing that can be learnt about the FED is they basically have surprise everyone with their decisions lately.

Traders await a possibly historic decision on short-term interest rates, significant market moves were not expected ahead of the Fed meeting.

Everything is coiling and waiting for Thursday and the trading ranges are shrinking day by day as we move into Thursday, and there's a lot of big cash positions out there.

As you can see, we have the start of the FED meeting today, and we are at an interesting point, where by the FED have not raised rates for about 8 or so years!!! So that will be interesting to see what happens there. 

So far the SPX is about 180 points off the lows back in AUGUST, and we are currently in a triangle pennant pattern that has not broken out yet. So time will tell what happens, but as a best guess, is that the next few days, and especially on THURSDAY when the news and FED annoucment comes out, would probably mean there would be huge and volatile moves coming. So trade carefully out there. 






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Wednesday, 25 September 2013

spx daily chart watch

U.S. stocks dropped on Wednesday, with the S&P 500 index recording its longest decline since December, as a possible government shutdown overrode better-than-forecast economic reports.

Let's face it, 2013 has been a very good year for the stock market, and traders who have been buying dips, but after the FED meeting a week ago, traders are pausing to worry about what is going on in Washington.

One of the few things you can say about the stock market is it hates uncertainty. Well this is definatly one of those times, and that is why there has been this selling off the last week or so.

The S&P 500 has now had 5 down days in a row now, confirming my thoughts, and we have not seen 5 down days in a row in a LONNGGG time!

spx daily chart
spx daily chart


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