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S&P 500 Going Sideways - Topping Pattern or Just Pause Before Another Leg Up?
February 15, 2019, 7:40 AMThursday's trading session was pretty uneventful, as investors hesitated following the recent advances. Stocks fluctuated along their short-term local highs. So will the market continue higher despite some clear short-term technical overbought conditions?
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Stocks Reach New Highs Again, but Correction Looms
February 14, 2019, 7:52 AMStocks slightly extended their short-term uptrend on Wednesday, as investors' sentiment remained bullish following the recent advances. But will the market continue higher despite some clear short-term technical overbought conditions?
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Stocks at New Short-Term Highs but Still Below the Important Resistance Levels
February 13, 2019, 8:21 AMStocks extended over month-long uptrend yesterday, as investors' sentiment improved again. The S&P 500 index broke above its last week's Tuesday's local high and it got closer to the 2,750 mark. Will the uptrend continue today?
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Stocks Closer to Local Highs Again, Will Uptrend Continue?
February 12, 2019, 7:26 AMStocks were mixed again on Monday, as investors hesitated following last week's Thursday's decline and a short-term profit-taking action. The S&P 500 index retraced some of its recent decline, but it remained below the Thursday's daily gap down. So is this just a downward correction or some new downtrend?
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Stocks Bouncing, but Will They Resume the Uptrend?
February 11, 2019, 7:47 AMStocks were mixed on Friday, as investors hesitated following Thursday's decline and a short-term profit-taking action. The S&P 500 index got closer to the 2,700 mark again last week. So is this just a downward correction or some new downtrend?
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