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S&P 500 Below 2,900 Again, Downtrend Resuming?
August 13, 2019, 7:16 AMStocks retraced more of their recent advance on Monday, as investors' sentiment further decreased following renewed trade war fears, among other factors. The S&P 500 index broke below the 2,900 mark again. So there was no quick V-type upward reversal pattern. And the market struggles at the support levels again.
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Negative Expectations Again - Will S&P 500 Turn Lower?
August 12, 2019, 7:28 AMFriday's trading session was bearish, as stock retraced their Thursday's advance. However, the S&P 500 index remained above the 2,900 mark. So will the short-term uptrend reverse? Or is this just a downward correction before another leg up?
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S&P 500 Bullish Again?
August 9, 2019, 8:04 AMStocks extended their short-term uptrend on Thursday, as investors' sentiment further improved following Wednesday's rebound off the support level. Will the advance continue? Or is it still just an upward correction?
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S&P 500: Bottom or Just Pause Before Another Leg Down?
August 8, 2019, 7:50 AMWednesday's trading session was mixed, as investors hesitated following the rebound off Monday's local lows. The S&P 500 index got closer to its recent low yesterday, before bouncing off again and closing virtually flat. Is this a bottoming pattern or just a consolidation before another leg down?
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S&P 500: Hope for Bulls or Just Dead Cat Bounce?
August 7, 2019, 7:35 AMStocks retraced some of their Monday's sell-off yesterday, as investors' sentiment improved following an overnight rebound off the support level. The S&P 500 index accelerated its short-term downtrend and it fell closer to the 2,800 mark on Monday. The broad stock market has retraced most of the June-July advance. Is this a bottoming pattern before an upward reversal?
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