By the first week of the semester the stock market closes with a bang with the leading U.S. indices reaching new All Time Highs (‘ATH’). The broad S&P 500 (SPX) Index based on the market capitalizations of 500 large US companies makes a robust close above any previous highs burning rubber when the 2019 second […]
Analysis from Éric Chwaliszewski / @ChroniqueBourse posted June 30th 2019. By the close of the semester the S&P 500 index has confirmed the continuation of the phase 3 uptrend. One more time, the Bund / Tnote ratio has been a remarkable predictor of the stock market price action by forecasting its progress two semesters in […]
Analysis from Ryan Detrickk, CMT via Twitter: The Global A/D line made new highs again. Additionally, the Global Dow Index is nearing a major breakout. Tough to buy the ‘we’re headed for a global recession’ crowd when these two things are happening.
On January 23rd, 2018 we published the following Nasdaq 100 monthly price chart when it stood at $6,906, commenting: NASDAQ 100 (Symbol: NDX) Monthly Price Chart When in doubt about the target plot it on a semilog price axis, which reshapes an exponential trend with a linear look. Plotting the resistance trend line above the […]
SP500 Weekly Price Chart The Index is in a stabilization phase and the trend is neutral, but the price is supported by the rising weekly 7-period moving average that is crossing over the 20-period moving average and which is strongly supportive of higher prices. As long as the price does not close below the 7-period […]
Healthcare And Medical Stocks Are Frothing When scanning the market for the weekly selection of breakout candidates it is observed that stocks belonging to the healthcare, medical science and biotechnology sectors predominantly appear in the list of results with the strongest technical features in terms of volumes, relative strength and breakout potential. Therefore it makes […]
Follow-up On Offered Strategies Everything on this blog is FREE and should stay so. For the sake of transparency and clarity we will strive to progressively improve the way the follow-up is done. Investment and trading strategies and recommendation are made for various asset classes such as stocks, forex pairs, cryptocurrencies, commodities, precious and energy […]