Tag: #SP500
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Weekly Update S&P 500
Welcome to our weekly newsletter on the S&P 500. This was quite a week — the S&P 500 posted a very strong gain of 3.3%. Looking at the 4-hour chart, we can see the support zone around the 6,000-point area, where the index had hovered for the last couple of weeks. Last week, we managed…
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Weekly Update S&P 500
Welcome to this week’s article. This week, the S&P 500 had a very slight loss of -0.1%, so overall, not much happened. But when we dig into this week’s price action, there are some interesting developments to note. Looking at the 4-hour chart, we can see that on Friday of last week, there was a…
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Weekly Update S&P 500
Welcome to this week’s article. It was quite an interesting week on the S&P 500. The S&P 500 lost about half a percent, and when we look at the 4-hour chart, you can see how on Monday, Tuesday, and into Wednesday, prices rose steadily, but then dropped off starting late Wednesday and continued lower through…
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Weekly Update S&P 500
Hello everybody. This week, the S&P 500 had a very strong performance, gaining 1.7%. Looking at the 4-hour chart, you can see how the last couple of weeks have been marked by an up-and-down movement—constantly crawling a little bit higher, step by step. On the 4-hour chart, it’s also clear how prices have been forming…
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Weekly Update S&P 500
Hello everybody. This week, the S&P 500 gained 1.7%. We can see what happened on the 4-hour chart. After a drop last week, the market was able to recover. On Monday, the S&P 500 pushed out of the support zone and moved into the overhead resistance area. We saw good gains from Monday through Thursday.…
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S&P 500 Monthly Chart Turns Bearish
Hello everybody. This week, we’ll take a look at the long-term picture on the S&P 500, starting with the monthly chart, which goes back to 2020. We’re focusing on this because a major technical indicator has recently been triggered—the monthly MACD. A Sell Signal from the Monthly MACD The MACD, or Moving Average Convergence Divergence,…
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Weekly Update S&P 500
Hello everybody. So this week, the S&P 500 took a bit of a breather and had a loss of 2,7%. We saw slight gains on Monday, but then weakness from Tuesday through Thursday led into a correction phase. On Thursday we tested our support zone briefly, and on Friday the index dipped below it before snapping…
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Weekly Update S&P 500
Welcome to our weekly newsletter on the S&P 500. It was a standout performance across the board—this week, the index gained an impressive 4.7%, driven by fresh optimism in global trade talks. The rally kicked off with a powerful move on Monday after news broke of a successful agreement between the US and China over…
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Weekly Update S&P 500
This week’s action in the S&P 500 was mostly uneventful. Take a look at the 4-hour chart below — we’re zooming in on price activity from Monday to Friday. On Monday and Tuesday, there was a small pullback, but then the market mostly went sideways on Wednesday and Thursday. We’ve now entered a consolidation phase…
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Weekly Update S&P 500
Welcome to our weekly S&P 500 update This week, the S&P 500 posted a solid gain of 2.9%. We’re starting with the one-hour chart, where you can see how the week unfolded. Monday and Tuesday were fairly quiet, with little movement in either direction. But Wednesday brought a bit of action — a sharp drop…