Posts Tagged ‘Standard and Poor’
S&P 500 Update July 1st
Today we are going to take another look at the S&P 500 Index. It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.
We are going to be analyzing a daily S&P index chart and making some observations that I think potentially could work out if certain elements fall into place.
At the present time our “Trade Triangle” technology is indicating a neutral stance in this market. With the -55 reading our “Trade Triangles” are indicating a trading range which could possibly be an early sign of a reversal.
You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.
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New S&P Video Analysis
Today we are going to look at the S&P 500 market. We last reviewed this market on May 12th when it was trading at 908. Here we are two weeks later and the market is at 914.
That does not seem like a big move, but we have had some pretty big moves in the interim, both on the upside and downside.
I think you will find this new video interesting and informative. In addition to the two trend lines that we graphically illustrate in the May 12th video, we will share with you today two other tech indicators that we have been watching.
You can view this new video with my compliments. There are no registration requirements. Please enjoy and give your feedback on our blog. Thank you.
Watch the New S&P Video Analysis
If you enjoyed this article, learn how to apply these techniques with stock market video training.
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