Tag: #MarketAnalysis

Hello everybody, and welcome to this week’s analysis on the S&P 500. I’m writing this shortly after the New York market open on Friday, so not all trading hours for the week are included yet. Still, this week has been quite interesting. On the 4-hour chart, you can see that last Friday we had the…

Welcome to this week’s update on the S&P 500. Not much happened overall, and the index finished the week with a slight gain of 0.4%.Looking at the 4-hour chart, we discussed last week that a retest of the 6800-point zone was likely. As you can see, we had several tests of that area throughout the…

Hello everybody, and welcome to this week’s analysis on the S&P 500. The index had a very strong week, up around 3.5%. Looking at the 4-hour chart, we can see that last Friday the S&P 500 formed its bottom after the sharp drop on Thursday. The low from Friday, which I marked in red around…

Hello everybody, and welcome to our weekly analysis on the S&P 500. I’m writing this shortly after the U.S. market open on Friday, so the full trading week isn’t finished yet. So far, it has been a weak week, with the S&P 500 down about 3.2%.Looking at the 4-hour chart, you can see the black…

Hello everybody, and welcome to this week’s analysis on the S&P 500. It was quite a volatile week. After the very strong bounce last Friday, the S&P 500 continued that strength into the start of this week. On the 4-hour chart, we can see how the index was able to break out of the declining…

Welcome to this week’s analysis of the S&P 500. It was another very interesting week, with the index closing down 1.5%. Looking at the 4-hour chart, last week we discussed the short-term upward-rising trend channel, which is shown here with the black trend lines. On Friday, we saw a very clean test of the lower…

Welcome to this week’s analysis of the S&P 500. The index experienced wide swings up and down but ended the week posting a gain of 0.7%. On the 4-hour chart, we can see how the S&P 500 had strong gains between Tuesday and Wednesday, followed by volatility after the FOMC meeting, where the Federal Reserve…

Welcome to this week’s analysis of the S&P 500. The index had a strong week, gaining about 2%. Looking at the daily and 4-hour chart, we can see how the index managed to break out of the downward-sloping trend channel that we discussed last week. The channel, marked by black trendlines, had contained price action…

Welcome to this week’s analysis of the S&P 500. After last week’s sharp drop, which we discussed in detail, the index rebounded strongly, gaining about 2.6% this week. On the 4-hour chart, we can see how the week started with a strong open on Monday, moving above the 6,600 support zone. Throughout the week, there…

Hello everybody, and welcome to this week’s analysis of the S&P 500.It was a fairly quiet week — until Friday, when the S&P 500 experienced a very sharp drop, closing the week about 3.1% lower compared to last week’s levels. The main catalyst was news that former President Trump announced an additional 100% tariff on…