‘NYSE Composite’ Archive

Should you sell in May? What happens here could tell you!

 

nyse crude oil one year trend resistance april 25

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A popular theme has been to “Sell In May, and Go Away!” Following this idea paid off last year, will it again this year?

Historically, stock market performance hasn’t been the strongest from May to October and last year was no exception. The above chart looks at Crude Oil …

Big Apple index getting closer to breakout levels!

nsye50yearrisingchanneloct26

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The “Big Apple” index (NYSE Composite), remains inside of the rising channel that has been in play for the past 50-years.

If one applies Fibonacci retracement levels to the 2009 monthly closing lows and the highest monthly close this year, the NYSE index hit the 23% Fibonacci retracement level in …

Long-Term bull market still alive, trend support is where?

big bull pic

The S&P 500 is now down around 7% on the year. Is the very long-term bull market still in play? Yes it is!!!

The chart below looks at the NYSE Composite on a monthly basis, dating back to 1965.

nyselongtermbullchartsept2

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As you can see, since the mid 60’s, the NYSE composite …