S&P 500 - Up Channel is not Broken
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The S&P500 managed an up day on Friday, the 25th, after a DOJI close on Thursday.
This means we have not broken the up channel at this time.
We are currently sitting at the 50 moving average.
VIX - Volatility Resisted and Declining
The VIX has resisted the moving average and has declined for the last two trading sessions.
The next resistance will be the 50 and 200 day moving average, which have crossed and pointing up at this time.
S&P 500 - Resistance on Lower Band of Upward Channel - unitedfinancialplanner.com
The S&P 500 has completed its steep drop to the lower band of the current upward channel yesterday with the market showing some resistance.
We also managed to close above 1,300 after dropping below on intraday trading.
The S&P 500 penetrated the lower band and closed with a DOJI candlestick pattern. Doji close normally indicates uncertainty, void [...]
Volatility - VIX - Resistance on Feb 25 - unitedfinancialplanner.com
The VIX showed resistance to the moving average on Thursday, February 25 and ended the day with a “dark cloud” candlestick formation indicating we could see a reversal in the VIX.
The hope in the market yesterday is that the oil prices will stay at or below $100. The discussion is whether the Lybia oil fields [...]
S&P 500 Drops Below 1,300
The intraday trading on S&P 500 has the index below a key resistance of 1,300.
The next resistance will be 1,200 on the S&P 500.
VIX - Market Volitaility Indicator - Feb 24, 2011 - unitedfinancialplanner.com
The VIX has obviously gone up in the last two significantly down days in the market.
The VIX indicator is at a clear resistance level at 23. The moving averages on the indicator would indicate that there is a general change in direction for the short term on this indicator. This means we will see more volatility [...]
S&P 500 - February 23 2011 Market Update - unitedfinancialplanner.com
Wednesday was another tough day for the markets. The news was trying to paint a positive picture pre-market with stories on how the averages were going to fight back or rebound.
The markets opened up and traded without a clear conviction for the first hour or so and then decided to decline and the negative sentiment settled in [...]
6 Months Winning Sector in the Stock Market - unitedfinancialplanner.com
The last six months in the stock market have seen over 22% gains.
The Conglomerates and Basic Materials sectors have posted over 33% gains during the same time frame. Utilties and Healthcare were the lagging sectors.
The market correction of February 23 was lead by the Industrial Goods and Financial sector stocks with more than 3% declines. Basic Materials [...]
Has The Recent Bull Run Come To An End? unitedfinancialplanner.com
The overall stock market has been on a pretty strong bull run starting in September 2010.
The S&P 500 has gone from 1,060 to over 1,300 posting over 22% increase in 6 months.
The US stock market had a large scale across the board good old fashion sell off.
Recent news from the middle east and from Wisconson [...]
Recent Comments