Technical Analysis: Despite Oil (/CL) experiencing its biggest rally since March (+9%), the S&P 500 (SPX) sold off in the afternoon and into the close to finish in negative territory. Even with banks and oil companies soaring, it wasn’t enough to lift the market higher. Volume on SPDRs S&P 500 (SPY) had a strong bearish engulfing candle pattern after
Technical Outlook: S&P 500 (SPX) dropped for a third consecutive day yesterday. If the market sells off today, it would mark the first time since June 15th that SPX sold off four straight days. On the volume side, SPDRs S&P 500 (SPY) saw a third straight day of rising volume and came in at average levels. GDP
Technical Outlook: S&P 500 (SPX) gave up all of its mornings gains yesterday to close flat on the day. Today looks to be setting up in the AM in a similar fashion as the futures are popping higher. The trend these days is to ignore Crude (/CL) when it is trading lower, and to rally
Technical Outlook: S&P 500 (SPX) breakout from Friday, lacked any real follow through yesterday. Need to see more buying today or risk nullifying the breakout. Watch converging support of the 5, 10, and 20-day moving averages going forward. SPDRs S&P 500 ETF (SPY) volume was the worst that I’ve seen. Nothing compares to it. Only
Technical Outlook: Market pulled back for the second time in the last three trading sessions. The volume was extremely light on SPY yesterday, and barely above Christmas Eve’s half day of trading last year. Needless to say, volume was well below average readings and half of what was seen on Friday. Mini-bull flag pattern
spc@shareplanner.com
(904) 800-8420
© Copyright 2025 | SharePlanner Inc. All Rights Reserved.
Disclaimer: The information provided on this website is for educational and informational purposes only. Ryan Mallory and/or SharePlanner are not licensed financial advisors, brokers, or tax professionals. The content on this site should not be considered as financial, investment, tax, or legal advice.
All information and opinions expressed herein are based on sources believed to be accurate and reliable. However, we make no representation or warranty as to their accuracy, completeness, or reliability. Any action you take upon the information on this website is strictly at your own risk.
Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. All investors should make their own decisions based on their specific investment objectives and financial circumstances.
This site may contain links to external websites that are not provided or maintained by or in any way affiliated with Ryan Mallory and/or SharePlanner. Please note that Ryan Mallory and/or SharePlanner do not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.
By using this website, you agree that Ryan Mallory and/or SharePlanner and any affiliated parties are not responsible for any losses or damages resulting from your use of or reliance on the information provided.
It is strongly recommended that you consult with a qualified professional before making any financial decisions.