Tag Archives: SP 500

S&P 500 Cash Index Cycle Location 04132018

As of 04/13/2018, the S&P 500 cash index formed a weekly swing low.  The low occurred in the week of 04/06/2018 appears to be the weekly cycle low.  It has been 10 weeks since the January high to produce this weekly cycle low. 

Read more ...

Seasonal Low in Place?

It’s been volatile 9 weeks since the 01/26/2018 high was made.  The market closed the month of March and first quarter both on the weak side.  It is stuck in a neutral position.  The 200 day moving average supported the selloff twice.  Is it over?

You need to login to view the rest of the content. Please . Not a Member? Join Us

Read more ...

DOW the Laggard

While NASDAQ has taken out the Jan 2018 high two weeks ago, S&P 500 cash index just registered a weekly buy signal, the DOW is lagging behind.  The daily DOW index is tightly contained in a triangle.  The divergence between DOW,  NASDAQ and S&P 500 is reflecting the deep concern of the trade war.

Read more ...

The Low is In with a New Daily Cycle

pricentime

Today the S&P 500 cash index took out the previous day’s high and closed above it.  Not only it closed above the previous day high, it also closed above the weekly and monthly pivot range.  The strong close implies that the daily cycle low is in place.  This daily cycle finished in 14 days, which is relatively short in cycle length. 

Read more ...

S&P 500 Cash Index Location 02162018

The S&P 500 cash index closed on Friday right inside the resistance zone of 2700-2750 as we previously blogged.  It closed below the daily pivot zone, but above the 3-day pivot zone and weekly pivot zone.  The close on Friday 2/26/2018 indicates it is meeting temporary resistance as we expected. 

You need to login to view the rest of the content. Please . Not a Member? Join Us

Read more ...