SPX – Page 33 – The Art Of Chart

Tag: SPX

Watching the SPX Rising Wedge

I posted my premarket video today as I haven't done that in a while, and in part that's because I'm not well and trying to protect my voice today, so it makes sense not to do an intraday video today. The analysis of equity indices is at the start of the video and I've left...

Some Writing On A Wall Somewhere

Well, it's been a while, but something interesting finally happened on equities today with an AM high that died into a halfway decent decline. Rising support for SPX from the late December low was broken and we may well now be in the topping process for a larger retracement before subsequent higher highs. This one...

Happy vs Mambo #5

I hope everyone is looking forward to the holiday weekend. I know I am, and I am planning to celebrate on Monday by moving a particularly large wardrobe from my daughter's bedroom and replacing it with a rather nice antique desk. Life can get pretty wild at Jack's house. :-) I was talking about rising...

A Polite Cough

I've been ill or recovering much of the new year so far, as has Stan, and much of the western world as far as I can tell, and I've managed to keep up with my main work at theartofchart.net but this is an unusually late first post for the year. That's not the polite cough that I'm...

RUT – The Sleeping Giant Awakens?

Back to back reversal trend days, which we haven't seen in a while, and NQ has now made the new ATH that Stan and I were looking for. My video was moved from premarket to just before midday this morning, as a big Windows 10 update took my media computer hostage for several hours and...

Candidate 2017 Highs Made

Surprisingly interesting action on SPX/ES today and the possible 2017 highs on SPX and NDX that Stan and I are looking for in the next three or four days may already be in. Intraday Video - Update on ES, NQ, and TF: [embed]https://www.youtube.com/watch?v=t2I7h5UQMc8[/embed] On the SPX daily chart, the resistance trendline from 2016 is holding...

Santa With Some Reservations

Looking at the shorter term charts, there are some signs that we might see a retracement, though, with Fed tomorrow, any retracement may need to wait until then. There is a possible case for NQ to backtest the weekly pivot at 6344. Intraday Video - Update on ES, NQ, and TF: [embed]https://youtu.be/ivprr_nDeRw[/embed] On the SPX...

December Begins

Stan and I are doing our monthly free public Chart Chat at theartofchart.net at 4 p.m. EST on Sunday. We'll be looking at the usual wide range of equity indices, bonds, precious metals, energies, and commodities and if you'd like to attend you can register for that on our December Free Webinars page. After the spike up at the...

Thanksgiving Week

For some reason, Thanksgiving never made it as a national holiday in the UK, possibly because England was feeling a little sour after only winning a nonetheless hard-won second place in The War Of Independence, but I certainly always enjoy it, and various branches of my family have had a long and storied history with...

An Inverse Correlation To Depend On

We did the monthly free public Chart Chat at theartofchart.net yesterday, and if you missed that the recording is posted on the November Free Webinars page here. We were asked a question about a correlation there, and I remarked that I don't think most correlations are worth much. If you think USD is going down and therefore gold should...