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Bearish Expectations, Will Stocks Continue Lower?
May 23, 2019, 7:15 AMStocks traded within a short-term consolidation yesterday following their Tuesday's rebound. The S&P 500 index remains close to the 2,850 mark. Will it break below the recent local lows? Or is this just another bottoming pattern before upward reversal?
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S&P 500: More Uncertainty Despite Yesterday's Rebound
May 22, 2019, 7:44 AMTuesday's trading session was quite bullish, as stocks retraced their Monday's decline. The S&P 500 index extended its short-term consolidation following bouncing of a support level. But will it continue higher today?
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S&P 500: Uncertainty Following Early May Decline
May 21, 2019, 7:12 AMStocks extended their short-term downtrend on Monday, as investors' sentiment worsened following the U.S.-China trade tensions. The S&P 500 index was bouncing off the resistance level of around 2,890-2,900 on Thursday-Friday. Is this a new downtrend or just downward correction?
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Trade War Fears Again, Will Stocks Resume the Downtrend?
May 20, 2019, 7:32 AMStocks retraced some of their short-term rebound on Friday, as investors' sentiment worsened once again. The S&P 500 index bounced off the nearest important resistance level of around 2,890-2,900. Will stocks resume their downtrend?
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S&P 500 Closer to 2,900 Again, but No Clear Uptrend Yet
May 17, 2019, 7:19 AMThursday's trading session was bullish, as stocks continued retracing their recent decline. The S&P 500 index fell the lowest since late March and it got closer to the 2,800 mark on Monday. Will the market reverse its downward course and come back to the record high?
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