Schlagwort: #SPY

This week, the S&P 500 saw a loss of 1.6%. This week proved to be a challenging one for the S&P 500, marked by a significant drop on Wednesday. Previously, we highlighted the increasingly compressed price action within the rising wedge formation. On Wednesday, the index finally broke below this formation following the Federal Reserve’s…

This week, the S&P 500 closed with a loss of 0.7%. While this may not seem dramatic, it reflects a market grappling with mixed signals. Recent activity shows some underlying resilience but also signs of short-term weakness. As shown in the four-hour chart, the S&P 500 continues to test key levels. In November, the index…

Welcome to our weekly newsletter on the S&P 500. This week, the index posted a 0.8% gain, continuing its upward momentum. The S&P 500 had a strong start with steadily rising prices through the beginning and middle of the week. Only Thursday and Friday saw minor losses. As shown in the 4-hour chart, the trend…

Welcome to our weekly newsletter on the S&P 500. This week, the S&P 500 gained 1.1%. On the 4-hour chart, the market experienced ups and downs: volatility on Monday, gains on Tuesday, losses on Wednesday, and additional gains on Thursday and Friday. However, trading was light due to Thanksgiving week in the US. The 4-hour…

Weekly Summary Welcome to our weekly newsletter on the S&P 500! This week, the index gained 1.6%, stabilizing after the previous week’s losses. Monday was uneventful, but Tuesday saw a sharp selloff followed by a swift recovery. Wednesday featured a back-and-forth movement, while Thursday and Friday delivered steady gains to close out the week. On…

A Pullback After Overbought Levels Welcome to our weekly newsletter on the S&P 500! This week, the index experienced a -2.0% decline, following a strong post-election rally. Last week, we noted the S&P 500’s overbought condition as it approached a long-standing resistance trendline on the weekly chart (marked in red). From Monday onward, the index…

Weekly Overview: S&P 500 Gains 4.6% on Election Momentum Welcome to this week’s update on the S&P 500! This past week, the S&P 500 recorded a significant 4.6% gain, driven by strong election-related momentum. Leading up to the election results, we noticed the index hovering near a critical support level, as indicated by the orange…

Welcome to our weekly newsletter covering the latest on the S&P 500. This past week, the index had a loss of 1.3%, continuing a sluggish pattern seen over the past couple of weeks. A Sluggish Start with a Steep Mid-Week Decline Early in the week, the S&P 500 maintained its sluggish, sideways movement, mirroring trends…

Welcome to our weekly S&P 500 newsletter. This week, the S&P 500 experienced a 1.0% gain despite a highly volatile trading pattern. After last week’s signals of an overbought market, a pullback seemed likely, and indeed, the index saw significant shifts throughout the week. From Monday through Wednesday, the S&P 500 experienced a steady decline,…

Welcome to our weekly newsletter on the S&P 500. This week, the S&P 500 experienced a 0.8% gain, reflecting a relatively volatile trading period. After breaking out of the wedge formation discussed in last week’s update, the index saw significant movement. The S&P 500 enjoyed a strong rise on Monday, followed by a sell-off on…