Tag: #SPX

Hello everybody, and welcome to this week’s analysis on the S&P 500. This week, the S&P 500 had a loss of 2,5%. Last week, we talked about how the market was very overbought, and we looked at several downside levels — multiple support zones all the way down to the 6,000-point mark. It appears that…

Hello everybody, and welcome to this week’s analysis on the S&P 500. I’m writing this shortly after the New York open on Friday, so far the S&P 500 gained 1,2% this week. We’re looking here at the 4-hour chart. Last week, we discussed the support zone around 6,300 points, which was tested during the late…

Welcome to our analysis of this week’s price action on the S&P 500. We begin by looking at the 4-hour chart, where we see the black trend channel that has been in place for a couple of weeks now — as discussed in several of our recent updates. Over the past few weeks, we’ve seen…

Welcome to this week’s article. We’re looking at the markets about two hours after the New York open on Friday, so the trading week isn’t fully completed yet. On the 4-hour chart, we can see that not much has happened this week — we had a bit of up and down movement, but overall it…

Welcome to this week’s update on the S&P 500. The time of writing is around midday European time on friday, so the trading day and trading week haven’t fully finished yet. However, the 4th of July falls on Friday this year, which is a public holiday in the U.S., so markets will be closed. Because…

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…

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…

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…

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…

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.…