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Sell-off Again, but Will Stocks Break Lower?
October 19, 2018, 7:19 AMThe stock market reversed its short-term upward course yesterday, as investors' sentiment worsened again following bouncing off the resistance levels, among other factors. The S&P 500 index retraced some of its rebound off the long-term upward trend line. Is this just a downward correction or a new leg within the downtrend?
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Uncertainty Following the Rebound, New Uptrend or Just Correction?
October 18, 2018, 7:33 AMStocks went sideways on Wednesday, as investors hesitated following the recent volatile fluctuations. The S&P 500 index retraced some of its last week's sell-off on Tuesday, following bouncing off the long-term upward trend line. Is this a new uptrend or just upward correction before another leg down?
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Stocks Rallied, End of Trouble?
October 17, 2018, 7:06 AMTuesday's trading session was very bullish, as investors were buying stocks ahead of the quarterly corporate earnings releases. The S&P 500 index retraced some of its recent decline, following bouncing off the long-term upward trend line. Is this a new uptrend or just upward correction before another leg down?
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Stocks Going Sideways, Which Direction is Next?
October 16, 2018, 7:22 AMStocks retraced some of their Friday's rebound on Monday, as investors hesitated following the recent sell-off. The S&P 500 index continues to trade above its long-term upward trend line. So was Friday's advance an upward reversal or just quick a dead-cat-bounce correction before another leg down?
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Friday's Bounce, Trend Change?
October 15, 2018, 7:29 AMStocks were retracing some of their recent sell-off on Friday, as investors' sentiment slightly improved following the quarterly corporate earnings releases, among other factors. The S&P 500 index bounced off its long-term upward trend line. But is this an upward reversal or just quick a dead-cat-bounce correction before another leg down?
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