Thursday, April 25, 2024

Breadth Widens as Soft Landing Goes Mainstream: Market Trends

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 trendline breakout improves weekly technicals. Potential resistance around 4500-4515: Weekly peak from late April 2022 September 2021 high Monthly highs...

Inflation and Market Conditions Improve Sharply: Market Trends Today

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Register for Market Trends here. Sizing Up the S&P 500 S&P 500 rises 7 straight sessions, longest positive streak since November 2021 Nasdaq-100 up 8 straight sessions, longest positive streak since October 2021 S&P 500 holds monthly channel similar to...

Goldilocks Could Be Emerging with Fed on Pause: Market Trends

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Sizing Up the S&P 500 S&P 500 rebounds from mid-May weekly support. Current bounce may lead to August low or falling trendline. Several potential levels at play in difficult range-bound...

Gloom Dominates as Earnings Arrive: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Sizing Up the S&P 500 S&P 500 probes late-May levels following bearish outside week. Prices under 200-day MA for first time since March. 100-day MA turns negative for first time...

Technicals Weaken as Geopolitics Haunt Earnings: Market Trends

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Sizing Up the S&P 500 S&P 500 makes lower weekly high at post-Fed gap Outside days on 10/12 and 10/17 are potential reversal patterns 8-day EMA fails to cross above...

Fed Worries Ease Before Earnings: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 reclaims August 2022 high following payrolls bullish outside day MACD turns positive More S&P 500 members above 20-day MA than...

Outside Days Can Help Spot Reversals in the Stock Market

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Traders often use candlesticks because they show the fullness of price action over different intervals. That can help spot a pattern called "outside days," which this article will cover. An outside day occurs when a...

S&P 500 Struggles Before Payrolls Report: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 remains below old support around 4330 Holding above 4200, 200-day MA, with potential for continuation below Support potentially near May...

Stocks Grope for Support as Yields Jump: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 forms hammer at lowest level since June 1 Potential support at early-June range, bottom of falling channel. Prices remain below...

Stocks Make a Lower High as Fed Stays Hawkish: Market Trends This Week

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Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 S&P 500 breaks support at 4444 after Fed meeting Two consecutive inside weeks break to the downside 50-day MA turns negative MACD turns...
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