Swing Trading Results for April were solid – this despite an unmovable and dull stock market The month of April finished higher for the month but it wasn’t until April 24th, when the market finally decided to gap higher in a big way, did the S&P 500 break a profit [...]
After doing pretty much nothing and trending lower over the past month (or at least trying to), the S&P 500 is back to trying to establish a technical break though to the upside by taking out the recent highs from April. As it stand right now, SPX is sitting on [...]
Technical Outlook: Over the course of the last three days the S&P 500 has sold off early on, only to recover all or most of its losses before the end of the day. The “buy the dip” mentality is alive and well for the stock market right now. Essentially, the [...]
Technical Outlook: SPX had a major sell-off yesterday that saw the index drop back below the 5 and 10-day moving averages. More importantly the 20-day moving average was breached yesterday with close below the MA. SPX close to trading below the lows from last week. It would be a first [...]
