Category Archives: Momentum

On 09/18/20 the S&P 500 (SPX) broke below 3310.00 which was the second stop loss level for the SPX trade initiated 09/10/20 at SPX 3412.60.  The first stop loss on half the position was at SPX 3327. 00 which resulted in a loss of 1.25%.  The second stop loss level of 3310 was 3.0% belowContinue reading “Stock Market Seasonal Patterns”

On 09/11/20 the S&P 500 (SPX) broke below the bottom made on 09/08/20. The trade recommendation made on 09/09/20 was to buy funds that track the SPX on the open of SPX trading  9/10/20.  The opening SPX level on 9/10/20 was 3412.60, stop loss for half of the trading position was SPX 3327.00 just belowContinue reading “S&P 500 Momentum and Trading Tip”

On September 8, 2020, the S&P 500 (SPX) came within nine points of important Fibonacci support. Today September 9, 2020, several hourly SPX momentum indicators registered bullish signals. For aggressive traders that hold positions from a few days to several weeks.  Buy non-leveraged funds that track the SPX on the open of the trading sessionContinue reading “Important S&P 500 Bottom Could be in Place”

There are two methods to measure market momentum.  For all markets, price oscillators such as Stochastic and RSI  are great for signaling trends, they are called external indicators.  The Stock market is unique because momentum can be measured by its components, such as Advance/Decline lines and new 52-week highs/lows.  These are referred to internal indicators.Continue reading “NYSE – New – 52 – Week Highs”

A common method to time markets and stocks is to use a moving average of prices. A popular time range is a two- hundred day moving average (MA).  When a securities price breaks above its 200 – day MA it’s a bullish signal, a move below the 200 – day MA is bearish. A variationContinue reading “Golden and Death Crosses”

My August 25, 2020 blog focused on the angles of the secular bull markets kickoff rally March 2009 to April 2010 compared to the rally since March 23, 2020.  My August 15, 2020 blog illustrated what I believe is the prime Elliott Wave count from March 2009 to August 2020.  Sometimes within Elliott Wave theoryContinue reading “S & P 500 – Price and Time Projections”

Usually the steepest stock market rallies come after multi-year bear markets.  Most stocks  are discounted below their fair value in bear markets, at some point these bargains become irresistible to smart money traders/investors.  Even before an economic contraction ends, savvy traders/investors rush in to buy stocks – triggering sharp rallies.   The monthly S&P 500 (SPX)Continue reading “Stock Market Rally Angles”