S&P Rallying but losing Steam
During the past four days, we have seen the S&P rallying and closing at its
highs. However, the rally started to lose steam and there are other warning
signals that could
S&P Getting Close to the next Resistance
The S&P continues rallying towards the next resistance, which is at 4,560. Today
the force of the movement was weaker than the past two days. In fact, most of
the
A Spark of Strength in the Market
There has been some force in the last couple of sessions that will help assess
if the Bulls still have some power left on them. If the S&P can hold and
What to expect Next Week in the Market?
Is it the end of the correction? Just a pause before the decline resumes? Since
there is no crystal ball that gives an accurate answer, we need to stick to
technical analysis. Most
Another Weak Rally Attempt got Killed Today
Today we witnessed another attempt of the S&P to rally. Early in the session,
there was optimism because the U.S. weekly jobless claims fell more than
expected and the Q4