What Happened S&P 500 Futures continued its upward correction from the recent high of 3959. From the all time high of 3959 to the recent low of 3720, 3868 is […]
S&P 500 Weekly Chart: What Happens When a Trendline Is Broken?
Apparently, I am obsessed with S&P 500 tonight. I just drew some trendlines on the weekly chart. I think I found something interesting. Is the trendline really broken this time? […]
S&P 500 Monthly Chart – Does the force of gravity exert a downward force?
This is an interesting observation here on the S&P 500 Monthly Chart and its relationship to the Parabolic SAR indicator. During the past 10 years, in each period of the […]
SP 500 Weekly – Parabolic SAR Turned Bearish but Is It Correct
SP500 Weekly Parabolic SAR turned bearish. Market reacted negatively because of Powell’s comment. It’s a healthy correction, and does not look like a reversal of the bullish trend at the […]
S&P 500 Weekly Chart & Parabolic SAR – Next Week Could Be Interesting
The Parabolic SAR has not changed the direction yet. S&P 500 closed above the Parabolic SAR 3775 before touched the low of 3791 on Friday. Unless there is some great […]