Posts Tagged by s&p 500 analysis
Stock Market Outlook for May 2011
| May 9, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The daily chart shows the trend is still strong and it now appears we are likely going to have another leg higher into 1400-1410. The multiple trendlines (turquoise) represent the much broader trend and the likely pullback points in the event of a reversal. Only the top two deserve any attention at the moment. Near the top of the…
Stock Market Inches Higher as Financials Struggle
| October 17, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The stock market put in a small gain this week with the S&P 500 closing out the week at 1176.19. The short-term target was hit at 1180 during the week. If the market can continue to advance beyond recent highs at 1184.38 then the larger chart formation target remains in place - 1220. Interesting to…
Stock Market pulling it together…to the upside?
| September 25, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Last weekend and in the mid-week update I posted that until the broad market joins in on the push through resistance seen on the S&P 500 and Dow Jones Industrial Average (DJIA), any rally would likely be short lived. IWM, the Russell 2000 ETF, is now nearing resistance. It has not broken it as the…
Price action and volume not indicating trends…yet
| September 18, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
I just realized I didn’t post all week. When it comes to stocks (currencies had a very interesting week) this is not suprising. It was a ho-hum type of week which resulted in exactly what I discussed last week – ranging activity. The major index continue to sit below major resistance levels, although they did edge…
Stock indexes not in sync means…
| September 13, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
One month ago today I posted on the diverging indexes (http://vantagepointtrading.com/archives/3672) and what “could be the seedling of the downturn to come.” August did see a sell off, although not a major trend lower. September has been resilient as we push towards upper range bands on a couple indexes. Yet once again we have a divergence in the…
Revolting Volume Continues in Equities
| August 10, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
It is barely worth trading; another sickening low volume day in equities. Futures traders complained that it was “one of the slowest afternoons they can remember”. Maybe a bit of an exaggeration (maybe not) but still, SPY did its lowest volume in about 5 months. Of course the market opened higher and basically stayed there…
S&P 500 – Battle Royale
| July 23, 2010 | Posted by admin under Day Trading Ideas, Intro to Trading, Stock Market Analysis, Swing Trading Ideas, Techncial Analysis Tutorials |
Any trader in the market right now has seen dramatic moves intra-day. While investors may not typically be too concerned about intra-day movements, those large swings show just what kind of battle is being waged each day in this market. The market is see-sawing, but is approaching an important level – this level could sway…
Stock Market: Can You Say Choppy!
| June 26, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
If you watch the financial news, you have likely heard that many market participants are frustrated with the markets at the moment. The market at the moment is range bound in a longer term downtrend. Volume has leaned towards the light side as well. The range is not clearly defined, and the easy way to…
Stock Market Gyrates on Low Volume
| June 12, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
The end of the week saw Thursday and Friday strong but on very low volume. A sign of buying weakness or just the start of summer? Ultimately this will be revealed by where price goes and the levels that need to be watched. The rally through the early part of the year was also on…
Stock Market: One of the Most Volatile Months In History
| May 29, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Another volatile week for stocks. Traders simply did not want to put out large orders for fear of getting run over. But, introduce fear (from longs and shorts) in thin liquidity and price levels have a tendency to “overshoot”. Prices are taken to extremes and then snap back like an elastic – in both directions.…
Stock Market Update: Bullish Pattern in Downtrend
| May 23, 2010 | Posted by admin under Stock Market Analysis, Swing Trading Ideas |
These markets continue to have unbelievable moves each day. The S&P 500 re-tested the “flash crash” lows on Thursday and Friday, and after breaking below rallied back higher. Last weeks analysis is still in play. At the moment I don’t think there is much reason to be buying this market unless someone is unleveraged and buying for…
Stock Market Fun! (no?)
| May 16, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
A crazy week for stocks. We saw moves in single days which normally take place in a week. I put out multiple updates this past week simply because not having solid info heading into the next session could mean significant losses or missed opportunities. For short term traders this was a fun week, but for…
Euro and Stock Market Update
| May 13, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Here is a brief look at what we are watching for Friday. EUR/USD down about 1% on Thursday. S&P 500 down 1.21% Thursday. EUR/USD update: The Euro stopped its decline almost exactly at 1.2520, at least so far. If the decline continues below the lows put in (approx 1.2517) then the target is 1.2480-1.2465. Trend…
Stock Market Update – Bullish????
| May 13, 2010 | Posted by admin under Stock Market Analysis, Swing Trading Ideas |
Yesterday I posted an analysis, and said that we had a potential bear set up, but the high and low of Tuesday would provide better indication. Well, the market pulled out another strong day closing out above Tuesday’s high. If we can hold that level it makes a test of 1182 very likely. At the…
Stock Market: Where we Stand Heading into Wednesday
| May 12, 2010 | Posted by admin under Stock Market Analysis, Swing Trading Ideas |
Tuesday closed out very near flat, indicating some indecision after the previous 3 very volatile sessions. Tuesdays range was also well beyond average for the S&P 500. Based on the daily chart we have a bearish set-up, yet ideally it is a two day pattern. Wednesday will confirm with the high and low of Tuesday’s…
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