Market Breadth Data******************************
Thursday, May 31, 2018
Wednesday, May 30, 2018
Tuesday, May 29, 2018
Thursday, May 24, 2018
Wednesday, May 23, 2018
SPX Pattern and Trend
As expected, the futures never made it to 2740, and were even unable to close above 2733:
The next key support numbers are 2700 and S2 at 2694.
The next key support numbers are 2700 and S2 at 2694.
Monday, May 21, 2018
SPX Trend and Resistance
The next key resistance level is 2740 which the e-mini may have trouble even reaching today:
The weekly Pivot line is at 2733: bullish above, bearish below.
For the longer-term picture look here.
The weekly Pivot line is at 2733: bullish above, bearish below.
For the longer-term picture look here.
Friday, May 18, 2018
SPX Pivots
The futures have been testing S1 support all week long:
First resistance at 2717.
In a day or two market breadth will reach oversold levels:
First resistance at 2717.
In a day or two market breadth will reach oversold levels:
Tuesday, May 15, 2018
Monday, May 14, 2018
Sunday, May 13, 2018
Dollar Index Pattern and Trend
The DXY is sitting on triple support:
with resistance at 94 and 95.15:
Lower support at 91.8 and 91.3.
with resistance at 94 and 95.15:
Lower support at 91.8 and 91.3.
Saturday, May 12, 2018
SPX Trend, Support and Resistance
In classic TA fashion, what was resistance became support:
Next resistance level: 2737.
Channel target: 2770
Next resistance level: 2737.
Channel target: 2770
Thursday, May 10, 2018
Wednesday, May 09, 2018
SPX Pattern and Trend
The high came in at 2700.1:
and there's a whole cluster of resistance levels between 2700 and 2720.
The Pattern Osc. is reaching overbought levels:
and there's a whole cluster of resistance levels between 2700 and 2720.
The Pattern Osc. is reaching overbought levels:
SPX Support and Resistance
Assuming the breakout above the 50 dma and the April 30th high at 2682 sticks, next upside target levels and resistance at 2700 and 2720:
Monday, May 07, 2018
Sunday, May 06, 2018
SPX Pattern and Trend
The e-mini finished the week at an important inflection point, at the crossroads of a bullish and bearish channel:
Friday, May 04, 2018
Thursday, May 03, 2018
Wednesday, May 02, 2018
$SPX Pattern and Trend
More bad news for the SPX, as it dropped below the monthly pivot, and out of the uptrend channel:
First support at 2624.
First support at 2624.
Tuesday, May 01, 2018
SPX Monthly Pivot
After being rejected at resistance at the end of April, the futures are starting May on the edge, just above the monthly pivot:
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