S&P 500 index retraced some of its recent rally on Monday, following Friday's move to new all-time high at 2,282.10. Will it bounce back today? We still can see technical overbought conditions, but will they lead to some more meaningful downward correction? Is holding short position justified?

• Read more

S&P 500 index extended its almost-eight-year long bull market on Friday, as it reached new record high at the level of 2,282.10. Will it continue higher today? We still can see technical overbought conditions along with negative divergences. But will they lead to some more meaningful downward correction? Is holding short position still justified?

• Read more

S&P 500 index lost 0.1% on Thursday, as investors took some short-term profits off the table following recent advance. Will it continue higher after today's monthly jobs data release? Or is this a topping pattern before downward reversal? Is holding short position still justified?

• Read more

S&P 500 index gained 0.6% on Wednesday, as it extended its short-term rally. The market has retraced its late December weakness. But will the index continue higher? Will it break above its December 13 record high? Is holding short position still justified?

• Read more

S&P 500 index gained 0.9% on the first trading session of the new year, as it retraced most of its late December weakness. Is this a new uptrend or just upward correction within a short-term downtrend? Will it break higher today? Is holding short position still justified?

• Read more