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Long-term Sell Signals, Pending & Confirmed (video)

This is a follow-up to yesterday's Near-term Outlook for U.S. Stocks video. While that video focused on technical developments & likely scenarios based on the daily & intraday charts, this video looks at the big picture from a longer-term perspective while analyzing weekly & monthly charts spanning years and even decades. Essentially we have all major [...]

Aug 29, 2015 4:57pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , |Comments Off on Long-term Sell Signals, Pending & Confirmed (video)

US Equity Markets Overview

Here's a look at most of the major broad US equity indices from both a daily & weekly (long-term) perspective. As noted on several of the weekly charts below, we need to see at least one solid weekly close below these bull market uptrend lines preferably all major US indices in order to help reduce [...]

Jul 9, 2015 12:32pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , |Comments Off on US Equity Markets Overview

I’m Still Not Buying It…

Here's a quick look at some of the major US stock indices from a longer-term perspective, all of which except the Nasdaq 100, have recently broken below their primary bull market uptrend lines. Some of the large-cap indices, such as the $OEX & $SPX, have rallied up to close just below those key resistance levels [...]

Oct 28, 2014 8:47pm|Categories: Equity Market Analysis|Tags: , , , , |Comments Off on I’m Still Not Buying It…

SPY, QQQ, & GLD Updates + Long-term Market Overview

The SPY is now at the bottom of the R3 zone. A reversal is likely either here or at the top of the zone (gap), while a break above that level would likely send prices to new highs. The QQQ is currently backtesting both the blue uptrend line as well as a horizontal resistance level [...]

Aug 14, 2014 3:24pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , , |Comments Off on SPY, QQQ, & GLD Updates + Long-term Market Overview

SPY T2 Price Target Hit + Commentary

The SPY hit my downside target originally posted here just over 3 weeks ago within pennies before reversing. I've included that original chart from July 17th in which I stated "T2 is my preferred target, which is the bottom of the 5/27 gap as well as the 50% Fib retracement level." The bottom of the [...]

Aug 8, 2014 3:15pm|Categories: Equity Market Analysis, Trading Tips|Tags: , |Comments Off on SPY T2 Price Target Hit + Commentary

$OEX Timing Window Approaching, $NDX Golden Cross Pending

In last month's post titled It's About Time, the similarities in duration between the three bull markets over the last couple of decades were highlighted. In this updated chart of the $OEX (S&P 100 Index) below, I've added the exact duration of each bull market from bottom to top (using assumption that the current bull [...]

May 21, 2014 2:20pm|Categories: Equity Market Analysis|Tags: , , |Comments Off on $OEX Timing Window Approaching, $NDX Golden Cross Pending

$OEX Weekly Chart Added To Live Charts Page

This $OEX (S&P 100 Index) weekly chart has been added to the Live Charts page under the U.S. Stock Indices section. As the S&P 500 and S&P 100 indices basically mirror each other, the $SPX is also currently trading precariously above it's similar primary bull market uptrend line with prices also wedging higher while most [...]

Apr 24, 2014 2:03pm|Categories: Equity Market Analysis|Tags: , |Comments Off on $OEX Weekly Chart Added To Live Charts Page
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