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S&P 500 Below 2,800 Again, New Downtrend or Just Correction?
November 12, 2018, 7:36 AMFriday's trading session was bearish, as investors were taking profits off the table following the recent advance. The S&P 500 index got back below the level of 2,800. Is this a downward reversal or just some quick downward correction within a new uptrend?
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Uncertainty Following the Rally, Just Pause?
November 9, 2018, 7:33 AMStocks were mixed on Thursday, as investors hesitated following the recent rally. The S&P 500 index continued to trade slightly above the level of 2,800. Is this a flat correction within an uptrend or some topping pattern before a downward reversal?
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Stocks Breaking Higher, but Resistance Ahead
November 8, 2018, 7:31 AMWednesday's trading session was very bullish, as stocks accelerated their short-term uptrend following the U.S. Elections outcome. The S&P 500 index got back above the level of 2,800. The market is at its mid-October local high. So, will it continue higher or reverse downwards here?
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New Uptrend or Still Just a Correction?
November 7, 2018, 7:36 AMStocks were gaining on Tuesday, as investors' sentiment improved ahead of the U.S. Elections. The S&P 500 index remained close to the resistance level of around 2,750. Will it extend its short-term uptrend today?
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Short-term Indecision, Which Direction is Next?
November 6, 2018, 7:19 AMMonday's trading session was mixed, as investors hesitated following last week's rebound off the new medium-term lows. The S&P 500 index remains within a short-term consolidation along the level of 2,700-2,750. Will it get back below 2,700 mark? Or keep retracing the decline?
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