Tag: #SP500
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. I am writing this during Friday’s trading session, so the week is not yet fully completed. As of now, the S&P 500 is up about 0.5% for the week, although that can still change by the close. Looking at the 4-hour chart, we…
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Weekly Update S&P 500
Hello everybody, welcome to this week’s analysis of the S&P 500. The S&P 500 lost 1.4% this week. We saw relatively stable consolidation below the 7,000-point zone during most of the week, followed by another test of the 7,000 resistance on Thursday. After that, the market dropped sharply and made a low on Friday, testing…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. We had another quite volatile week. Looking at the 4-hour chart, we can see that the index finished the week down about 0.2%, so overall it did not go anywhere. However, volatility was very high. On Monday, the market made a low and…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. The index finished the week with a gain of 0.5%. Looking at the 4-hour chart, we can see that the week started with a small drop, followed by a strong recovery on Monday and Tuesday. Price moved up from the 6,900-point support zone…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. We had another quite volatile week, with the index closing down about 0.6%. As you can see on the 4-hour chart, we experienced a strong gap down on Monday, followed by further downside pressure into midweek. The market made a low on Wednesday,…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. We had a very choppy week with a lot of ups and downs, and overall the index closed about 0.3% below last week’s close. Looking at the 4-hour chart, we can clearly see this back-and-forth price action throughout the entire week. Monday was…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. I’m writing this right around the New York market open on Friday, so the final trading day of the week is not fully included yet. So far, it has been a solid week, with the index up about 1.1%. Looking at the 4-hour…
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Weekly Update S&P 500
Hello everybody, and welcome to this week’s analysis of the S&P 500. We had a somewhat weak week, with the index down about 1%. Looking at the 4-hour chart, we can see this week’s price action clearly. After reaching a new all-time high last Friday, just after Christmas, the market started to decline from Monday…
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Weekly Update S&P 500
Welcome to this week’s analysis of the S&P 500. We had a very solid trading week, slightly shortened due to the Christmas holidays. I hope you all had a great Christmas with your families. The S&P 500 also had a strong holiday week, gaining about 1.3%. Looking at the 4-hour chart, we can see a…
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Weekly Update S&P 500
Welcome to our weekly newsletter on the S&P 500. I’m writing this before the New York market open on Friday, so the final trading day of the week is not yet included. So far, the S&P 500 is down about 0.3% for the week. Looking at the 4-hour chart, we can see that we already…