Category Archives: Price

At the 06/17/22 bottom the S&P 500 (SPX) had declined 24%, this is second largest percentage  decline since the 2007 to 2009  bear market.  The largest percentage drop was the February to March 2020 crash of 35%.  The 06/18/22 blog “Dow Jones Industrial Average  Long – Term Time Forecast”  implied that the early January 2022Continue reading “Important S&P 500 – Support Levels”

Today 06/14/22 the S&P 500 (SPX) moved marginally below the declining daily trendline support and chart support from bottoms made  in March 2021.  Because  the move below support was minor it could be break out fake out. On 06/15/22 the FOMC interest decision could trigger a more decisive move.  If the move is down PointContinue reading “The  Next  S&P 500 – Support Level”

Today 06/07/22 the S&P 500 (SPX) opened down sharply from the prior session and looked like it would break below important support. The 30 – minute SPX chart courtesy of Trading View illustrates  the action. The support held, and for most of the session the SPX trended higher.  The late session break above the decliningContinue reading “The Bulls Hold Their Ground”

As of 05/27/22 the US stock market represented by the S&P 500 (SPX) was 13.70% below its all-time high made on 01/04/22.  On 05/27/22  the UK 100 (UKX) was 4.27% below its all-time high made on 05/22/18 and only 1.58% below its 2022 high made on 02/10/22. The 05/15/22 blog “Bullish Stock Signals  From EuropeContinue reading “UK 100 Could Soon Make an All-Time High”

Comparing US stocks as represented by the S&P 500 (SPX)  with three other major national stock indices reveals  fascinating clues of what could soon happen. The 2022 stock market decline viewed  on an international scale shows that since late March the SPX has underperformed Japan’s Nikkei 225 (NI225), Germany’s – German Stock Index – DaxContinue reading ”      Bullish Stock Signals From Europe and Asia”