If the bulls are going to defend the support level at 1,105 they better mount an attack soon
S&P 500 (SPX) Index Chart
July 19, 2009 By
Friday’s close left us with a topping doji pattern which is still sitting underneath two important resistance levels.
Full wrap up video later today.
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SPX Chart
SPX – S&P 500 Cash Index Charts
July 16, 2009 By
As discussed in last nights video update:
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Daily Chart:
SPX Daily Chart
Hourly Chart:
SPX Hourly Chart
SPX – S&P 500 Chart
July 15, 2009 By
Current analysis of the S&P 500 (cash) index.
At this moment the market is being held back by the down sloping trend line (1). That resistance level today is at 923.
Next resistance levels of particular importance are the mid peak (from July 1, shown with red horizontal dotted line). That level is 930. And the next is the long channel (blue lines) which today that resistance level is 939-940.
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SPX Chart
More on this topic
(What's this?)
33 Dividend Champions to Consider
(Dividend Growth Investor, 8/11/10)
S&P 500 Signals Danger!
(Red Hot Energy and Gold - Global..., 8/16/10)
More John Hussman on Why the S&P 500 is 50% Overvalued (With Cool Charts & Ratios)
(The Contrary Investing Report, 7/21/10)
S&P 500 (SPX) Chart Analysis – Hourly Chart
July 14, 2009 By
This chart is the S&P 500 (SPX) Cash Index
The chart shows short term resistance and support levels.
(Click image for larger view)
S&P 500 Chart (SPX)
Chart Updates – S&P 500 and Dow Industrial Average
May 13, 2009 By
The key word for today is “broken wedges“.
The long watched ascending wedge patterns have finally broken to the downside as those patterns predict. Next we watch for a closing print ‘below’ the wedge and then watch for any ‘re test’ of the bottom wedge line.
Right now the break of the ascending wedges which have been so prevalent on so many charts is significant.
(click images for larger view)
S&P 500 SPX Daily Chart
S&P 500 E-mini Futures - Hourly Chart
Dow Industrial Average - Daily Chart
More on this topic
(What's this?)
33 Dividend Champions to Consider
(Dividend Growth Investor, 8/11/10)
S&P 500 Signals Danger!
(Red Hot Energy and Gold - Global..., 8/16/10)
More John Hussman on Why the S&P 500 is 50% Overvalued (With Cool Charts & Ratios)
(The Contrary Investing Report, 7/21/10)
Pre Market Charts – S&P 500 Futures and SPX
April 28, 2009 By
Pre market futures have dropped for a second consecutive night. S&P 500 futures currently down 1.8%
Looking for a pullback in the financial sector (XLF) at the open on news that Citigroup and Bank of America needs more money.
Today’s schedule:
9:00am Feb S&P/CS Home Price Index (last 146.4) Composite-20 y/y (last -18.97%)
10:00am April Consumer Confidence (last 26), April Richmond Fed Manufacturing Index (last -20)
1:00pm Treasury’s 5-yr note auction
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Earnings:
Before the Open: CAS, ADLR, AG, AMB, AMFI, AMED, AEE, ECOL, AM, AXE, ARM, AVY, BDX, BMS, BCO, BMY, CRS, CE, CNC, CCE, CVG, CPO, CVH, DIN, ELNK, ECL, EME, EVVV, FMER, FPL, BEN, FDP, GKSR, GPI, HCP, HL, HSII, HSP, IPG, JEC, KDN, KELYA, KLIC, LDR, LAZ, LCAV, LVLT, LECO, MHP, NXY, NWPX, ODP, OXPS, ORB, GLT, PCAR, PMTC, MALL, PAG, PCZ, PFE, PCH, QLTI, RDWR, COL, RTI, SMG, SSW, SPAR, STFC, TECH, TFX, TLAB, TPP, X, UA, VLO, VSH, WDR, WAT.
After the Close: ACE, ACTL, ADVS, ATAC, ANAD, AJG, BLDP, BBSI, BEC, BTUI, BKI, BWLD, COG, CRI, CBI, CERN, CTV, CCUR, CSGS, CTS, DAC, DBTK, DWA, ETFC, EGP, EHTH, EAC, ENTU, EXAC, FALC, FIS, HTZ, HTCH, JLL, KEYN, LIFE, MEE, MRCY, MMSI, MEOH, MPWR, NLC, NATI, NAL, PNRA, PEET, PFWD, PRAA, PSYS, QCOR, RSYS, RFMD, RCKY, SBX, SMTL, SSTI, SRCL, SUMT, SUNH, JAVA, SDXC, TSS, TRMB, TRMK, ULTI, USNA, USU, VFC, VIGN, VISN, WTS, WBSN, ZRAN.
Monday Charts
April 27, 2009 By
Little time this morning for extended commentary.
The market opened this morning with a gap down across all major indices from Friday’s close. At this time weakness prevails in man market breadth indicators.
The following charts are for the S&P 500 (cash index SPX)
