S&P 500 could not have closed at a better spot. It closed right on the uptrend trendline. 3889, the closing price vs 3885, the Parabolic SAR. What’s going to happen […]
Uptrend Trendline Held Could Propel SP 500 Higher
Overview SP 500 continued to climb upwards. The uptrend trendline extending from 2191 to 3233 provided a solid support today. What’s Next One thing to note is the Parabolic SAR […]
S&P 500 Daily & Weekly on 3/19/2021 – Getting Very Close – Make or Break
The uptrend trendline is not broken. The index closed just above it. The weekly chart tells the same story. It could be a big week next week.
S&P 500 Daily and Weekly Charts – Make Trendline And Parabolic SAR Work for You
Following yesterday’s sharp decline, the index and the Parabolic SAR indicator were both within 100 points of each other, at 3820 and 3915, respectively. Prior to the start of this […]
S&P 500 Daily and Weekly – The Bullish Momentum Continued
Just as expected, the indexes all closed higher today. In the daily chart below, the SAR is currently at 3760. That is about 200 points away from today’s close. The […]