Category: Stock Index Trading
The analysis published under this category are as follows.
Sunday, October 11, 2009
Stock Market Short-term Reversal Assured / Stock-Markets / Stock Index Trading
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2014. This would imply that much lower prices lie ahead. This will not be a straight-down decline, but a series of intermediate-term rallies and declines until we have reached the low point.
Sunday, October 11, 2009
Stock Market Seeking to Break Through Key Resistance Levels / Stock-Markets / Stock Index Trading
By: Peter_Navarro
Last week, my market pessimism got run over by an Australian rate hike as the U.S. stock market shook off a two week slide and powered up another notch. Once again, the key resistance level of 10,000 on the Dow is in sight with the Dow’s 4% gain last week.
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Sunday, October 11, 2009
Stock Market Trend, I Am Changing My Tune / Stock-Markets / Stock Index Trading
By: Guy_Lerner
Since the first weeks of August, 2009, I have stated the following in every weekly summary on equity market sentiment: "Investor sentiment remains extremely bullish. There is an upward bias until the extremes in bullish sentiment are unwound." I also mentioned early on that "there will be a bid under the market, and it will be tough to short or bet against this market for the foreseeable future." I would say that about characterizes the US equity markets over the past 2 months. Now, however, I am changing my tune.
Saturday, October 10, 2009
Stock Market Bullish Consolidation Under The Gap Top At 1080 SP500 / Stock-Markets / Stock Index Trading
By: Jack_Steiman
These are more than interesting times. You have stocks continuing to move higher off the March 666 Sp lows. Every critical level of resistance struggles initially but eventually gets taken out to the up side over time. Each time it fails initially, the bears come out and say the top is in but that just hasn't been the case. The bulls fight and ultimately wear down the will of the bears and move the markets higher. The bears get frustrated because they feel the move higher is unjustified and really, based on the economy, who can blame them!
Thursday, October 08, 2009
Stock Market Indices Close Higher, though Key Resistance Level Contains Rally / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The indices finished with gains today, but gave back a good chunk of it in the last few hours. They started out with a gap up that broke out across key 2-day resistance. They then backed off and rested successfully and then came on strongly. By mid-day they reached their session highs at 1731 on the Nasdaq 100 and near 1070 on the S&P 500, then backed off into mid-afternoon, tried to rally but couldn't break out again, and finally backed off to close at the afternoon pullback lows.
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Thursday, October 08, 2009
Stock Market Rallies into Doji Resistance, Will it Matter? / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Let's take a moment and talk about doji's again. When a market over a period of some days is either in an up trend or in a down trend and we print a doji, it means we should reverse the opposite way for a few days. That the other side has caught up. A doji usually occurs on a gap up or down with the market being virtually flat the rest of the day.
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Thursday, October 08, 2009
Stock Market Consolidation Day Closes Strong, Ends Mixed / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The markets were mixed at the close, as today was mostly a consolidation-type day until the last hour or so. The indices vacillated between 1700 and 1710 on the Nasdaq 100 and between 1050 and 1057 on the S&P 500 over the first couple hours. Then they meandered sideways, drifted lower, tested the lows, and when that was successful they moved steadily higher over the last two hours of trading.
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Wednesday, October 07, 2009
Stock Market Thin Range... Earnings Upon Us... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Often we explain why a market gets thin, meaning why it loses its volatility and trades in a narrow range. We have good support at 1044 with 20 resistance at 1060 or the bottom of that now often talked about gap. It's going to take something special, either positive or negative, for this market to make a move and open up things. It could be earnings folks. It should be earnings. We are at the precipice of another earnings season but this earnings season is not an ordinary one.
Wednesday, October 07, 2009
Stock Market Bulls Take Back The 20s..... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
And the bulls say take that. The emotion of the game is what always makes this the toughest game on the planet. We all have to admit that things looked pretty dire for the bulls there. Negative divergences finally playing out.
Overbought at extremes finally playing out. We were plunging down pretty fast. Right through the 20-day exponential moving averages on all the major indexes on only the second try by the bears.
Tuesday, October 06, 2009
S&P 500 Stock Market Trends Analysis for October 2009 / Stock-Markets / Stock Index Trading
By: Hans_Wagner
Starting with the indexes gives an overall perspective to the markets. This is monthly chart for the S&P 500 showing 20 years of performance. Since this index is the one used by professional traders, it is important to understand how it is performing. This chart is also excellent for defining the longer-term trends for the market.
Tuesday, October 06, 2009
Stock Market Back Testing The 20's...Daily's Still Oversold... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
I had talked about the likelihood of a bounce as we got to the 50-day exponential moving averages on the daily charts. Yes, it was possible to just blow through those 50's but with the market trading above them for the past three months without a test of any kind, it was extremely unlikely that we'd just break down and through that level.
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Monday, October 05, 2009
Stock Market Snapback Rally Starts the Week / Stock-Markets / Stock Index Trading
By: Harry_Boxer
It was a choppy morning, particularly on Nasdaq, but the S&P 500 worked its way higher all day and never broke intraday moving averages. It pulled back in the last hour in a nice bullish flag and ended not far off the highs for the day near key overhead resistance, as did the NDX.
Net on the day the Dow was up 112.08 to 9599.75, the S&P 500 up 15.25 to 1040.46, and the Nasdaq 100 up 13.15 to 1675.54.
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Monday, October 05, 2009
Why The Dow /Gold Ratio Could Be On Its Way To Unity Soon / Stock-Markets / Stock Index Trading
By: Captain_Hook
As suggested in our last meeting, and supported in continuing technical analysis by Dave (which you can review at your convenience on the site), equities have yet to top out, however we are likely within just a few days / weeks of such an event. And as you know from our ongoing discussion of the seasonal inversion which we have posited as the causal factor behind ongoing strength in equities / stocks through this normally weak period that occurs yearly, this analysis jives with such a view as well, setting the stage for an important top stocks to be put in place sometime between now and the end of October. (i.e. or possibly the beginning of November, but it’s unlikely to run that long past a testing process, possibly in the form of a double top.)
Monday, October 05, 2009
Stock Market Toppy and Trendless / Stock-Markets / Stock Index Trading
By: Steven_Vincent
Overall, the evidence is mounting that some kind of a top in equities and commodities and some kind of a bottom in the US Dollar is in the process of being produced. Short term, an oversold condition and a spike in bearishness may combine with the proclivity of traders to buy every dip off the March bottom with abandon producing a bounce to resistance. What happens then will be very telling. A period of indecision and trendless, choppy trading is likely as either a top is created or markets break out again. This is a good time to be on the sidelines waiting for the markets to resolve in either direction.
Sunday, October 04, 2009
Where Next For The Dow Jones Stock Market Index? / Stock-Markets / Stock Index Trading
By: Andrew_Butter
Round numbers I'm calling the intra-day high on the Dow of 9,938 on 23rd September as a "hit", that's within 1% of where my model in May said it would reach without any mishap (http://www.marketoracle.co.uk/Article10604.html).
Saturday, October 03, 2009
Sock Market Breaks Support on 20Day Exponential Moving Averages / Stock-Markets / Stock Index Trading
By: Jack_Steiman
We can remember the beginning of October as the time when the major indexes across the board lost their 20-day exponential moving averages. The market had traded above them for many months. So long, in fact, that they were able to cross over the 50-day exponential averages, which is quite bullish.
Friday, October 02, 2009
Stock Market Correction Warning / Stock-Markets / Stock Index Trading
By: Money_and_Markets
Mike Burnick writes: As the Director of Research and Client Communications at Weiss Capital Managemen, I write a weekly e-newsletter, Weiss Advice. Recently, I cautioned our readers that the month of September is historically one of the cruelest for stock market investors. However, this year, the market sailed higher in September, posting its seventh-straight monthly gain since March.
Friday, October 02, 2009
Stock Market Collapses Through Support / Stock-Markets / Stock Index Trading
By: Jack_Steiman
1046, 2090 and 9648 on the S&P 500, Nasdaq and Dow respectively. Those are the magical 20-day exponential moving averages that all went down today without a fight. The market didn't even have to gap below those levels to get the job done. Normally, important levels of support go away through morning gaps but today we saw the bears take control and just destroy those 20-day exponential moving averages.
Thursday, October 01, 2009
Stock Market Collapsing Into the Close / Stock-Markets / Stock Index Trading
By: Harry_Boxer
It was an extremely negative session for the indices as they dropped from the get-go, fell sharply all morning, stabilized around mid-day, tried to rally back mid-afternoon but failed at resistance, and then rolled over, especially in the last 10 minutes when they collapsed into the close.
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Thursday, October 01, 2009
Stock Market Trading Back and Forth, Unwinding Nasty Divergences / Stock-Markets / Stock Index Trading
By: Jack_Steiman
That's all we're doing while trying to unwind those daily charts along with those nasty negative divergences. We go up. We go down. We go back up and then back down all in the same day. Tremendous whipsaw in wide and loose triangles as the bulls and bears fight it out between 1045/1080.