S&P500 At 2100 Support Level…Make Or Break?
In our opinion, speculative short positions are favored (with stop-loss at 2,150, and profit target at 2,020 on the S&P500 index). Our intraday outlook is bearish, and our short-term outlook is...
View ArticleStocks Got Closer To Record Highs…New Uptrend Or Just More Consolidation?
the broad stock market (S&P 500 index futures contract) was very volatile yesterday, as investors reacted to the US presidential election news. Stocks extended their short-term uptrend, as the...
View ArticleUncertainty Following Last Week's Wild Fluctuations
The broad stock market fluctuated on Friday, as investors hesitated following recent rally. Will it continue higher, despite the relative weakness of technology stocks? We decided to close our...
View ArticleNew Record Highs For Stocks…But Will The Uptrend Continue?
The broad stock market continued its long-term uptrend on Friday, as the S&P 500 index reached new all-time high above 2,200 mark. We still can see technical overbought conditions. Therefore, we...
View ArticleShort-Term Uncertainty As Stocks Hover Along Record Highs
The broad stock market retraced some of its recent advance yesterday, as the S&P 500 index broke slightly below 2,200 mark. We still can see technical overbought conditions. Therefore, we continue...
View ArticlePositive Expectations Following Last Week's Decline…But Will Stocks Continue...
In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish....
View ArticleStrong Breakout Above Week-Long Consolidation…Will It Go Even Higher?
The broad stock market has reached new all-time high yesterday following a breakout above short-term consolidation. We still can see technical overbought conditions. However, there have been no...
View ArticleMore Short-Term Fluctuations At Record High Levels…Which Direction Is Next?
The broad stock market continues to trade along its recent record highs, as the S&P500 index trades above 2,250 mark. There have been no confirmed negative signals so far. However, we can see...
View ArticleMore Fluctuations Along Record Highs, Which Direction Is Next?
The broad stock market remains relatively close to its all-time high, as the S&P 500 index continues to trade above 2,250 mark. However, we still can see medium-term overbought conditions.
View ArticleNew Short-Term Downtrend Or Just Quick Correction?
In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index). Our intraday outlook remains bearish, and our short-term outlook is...
View ArticleS&P500 Gets Close To Record High As Investors' Sentiment Improves
In our opinion speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150 on S&P500 index). Our intraday outlook remains bearish, and our short-term outlook is...
View ArticleS&P500 Trades Close To Record High - Topping Pattern Or Just Consolidation?
The broad stock market extended its short-term consolidation on Wednesday, as the S&P 500 index bounced off support level at 2,260, before closing up 0.3%. Will stocks continue higher before some...
View ArticleUncertainty As Investors Await Series Of Quarterly Earnings Releases
In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P500 index). OOur intraday outlook remains bearish, and our short-term outlook is...
View ArticleMore Fluctuations Following Monday's Move Down - Which Direction Is Next?
The broad stock market continued to fluctuate on Wednesday, as the S&P 500 index extended its short-term consolidation after Monday's daily gap down below the level of 2,290. For now, it looks like...
View ArticleStocks At Record Highs…Will Uptrend Accelerate?
In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P500 Index). Our intraday outlook remains bearish, and our short-term outlook is...
View ArticleNew Record Highs As Bull Run Continues…Can It Get Even Higher?
In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index). Our intraday outlook is now bearish, and our short-term outlook is...
View ArticleUncertainty Following Recent Run-Up…Will Uptrend Continue?
In our opinion speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish....
View ArticleNew Short-Term Uptrend Or Just Upward Correction Before Another Leg Down?
In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish....
View ArticleStocks Get Close To Record High Again As Fed Hikes Interest Rates
The broad stock market broke above its short-term consolidation yesterday, following Fed's Rate Decision release. The S&P 500 index got close to its early March record high. Will the market resume...
View ArticleUpward Reversal Or Just Quick Rebound Before Another Leg Down??
In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P500 index). Our intraday outlook is bearish, and our short-term outlook is bearish....
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