Dramatically, S&P 500 led the way on Friday and closed 1.66% higher. In fact, yesterday’s close was a all-time-high close at 3974.54; 0.42 points higher than the close, 3974.12, on 3/17/2021. The Parabolic SAR indicator is currently at 3981.28. It is very likely the trend will change again and become…
Category: Invest
S&P 500 Daily Chart & the Parabolic SAR Analysis 3/24/2021 – Make or Break
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 next?
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 indicator is currently at 3857. The index is currently at 3942. Tomorrow, the Parabolic SAR will probably be at 3870 or…
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 week, I predicted that the index would oscillate between 3900 and 4000, giving the Parabolic SAR time to catch up….