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Stocks Set to Erase Yesterday's Losses, but What's Next?
September 4, 2019, 7:34 AMStocks retraced some of their last week's advance on Tuesday, as investors' sentiment worsened following economic data releases, among other factors. The S&P 500 index bounced off the resistance level marked by the previous local highs again. Is this a short-term topping pattern or just a pause before breaking higher?
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S&P 500: Attempts at Breaking Higher
September 3, 2019, 7:35 AMFriday's trading session was relatively flat, as investors hesitated following the recent advance. The S&P 500 index remained close to its previous local highs and the resistance level of around 2,950. Is this a short-term topping pattern or just a pause before breaking above the resistance level?
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S&P 500's Breakout Attempt
August 30, 2019, 7:47 AMStocks broke above their short-term consolidation on Thursday, as investors' sentiment improved following some U.S. - China trade war positive developments, economic data releases. The S&P 500 index got close to its previous local highs and the resistance level of around 2,950. So will it break higher?
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Bulls On the Run Again but Will S&P 500 Break Higher?
August 29, 2019, 7:23 AMWednesday's trading session didn't change much. Stocks extended their short-term consolidation following Monday's rebound off a support level. The S&P 500 index continues to trade within a four-week-long consolidation after the early August decline. Was Monday's advance an upward reversal or just upward correction before another leg down?
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Indecisive Market, Stocks Bouncing Back and Forth
August 28, 2019, 7:35 AMStocks extended their short-term consolidation on Tuesday, following Monday's rebound off a support level. The S&P 500 index remains within a three-week-long consolidation after the early August decline. Was Monday's advance an upward reversal or just upward correction before another leg down?
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