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Record-breaking Rally or Just Topping Pattern?
September 14, 2018, 7:15 AMStocks broke above their recent trading range on Thursday, as investors' sentiment improved following the recent bounce off support level. So is a downward correction over? Or is this just an advance within a topping consolidation?
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Closer to Breakout?
September 13, 2018, 7:26 AMWednesday's trading session was pretty uneventful, as investors continued to hesitate following the recent decline off the late August new record highs. The S&P 500 index remains slightly below the level of 2,900. Is this a topping pattern or just a pause before another leg up?
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Stocks Creeping Higher, but Resistance Ahead
September 12, 2018, 7:19 AMStocks were gaining on Tuesday, as investors' sentiment slightly improved following bouncing off the short-term support level. However, the S&P 500 index continued to trade below the level of 2,900. Is this a topping pattern or just a pause before another leg up?
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More Sideways Action, Which Direction is Next?
September 11, 2018, 7:11 AMStocks moved sideways in Monday's trading session, as investors hesitated following the recent decline off the late August new record highs. The S&P 500 index continues to trade below the level of 2,900. Is this a topping pattern or just pause before another leg up?
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Upward Reversal or Just Rebound?
September 10, 2018, 7:09 AMThe broad stock market slightly extended its short-term downtrend on Friday, as investors continued taking profits off the table after the recent record-breaking rally. However, the S&P 500 index remains relatively close to its record high. Is this a topping pattern or just a pause before another leg up?
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