How far up can S&P 500 go this time? This is the daily chart. S&P 500 touched 3900 but did not manage to close above it on 3/9/2021; however the […]
What If S&P 500 Was Extending Its Uptrend from the week of 12/24/2018 Low
What if the starting point was the week of12/24/2018 when the index hit the low of 2346.58. The Fibonacci projected the 100% high at 3336. The actual high was 3394, […]
Dow Jones Industrial – Weekly Fibonacci Projection 32168 – 161.8%
This is the DJIA weekly chart. I did a Fibonacci extension projection from the 3/23/2020 low. Interestingly, it projected a high of 32168 at the 161.8% level. Let’s see if […]
S&P 500 Daily – Make or Break Soon
The strength from the NASDAQ & Dow helped the S&P 500 jump above 3900 today, but closed at 3875 in the end. It’s really at the cross road. The index […]
S&P 500 Daily – A Closer Look at the Trendlines
The uptrend trendline from 10/30/2020 appears to be broken. The trendline from 3/23/2020 is still intact. The index closed just right on the dot. On the Weekly chart, it closed […]