‘S&P 500’ Archive

This international leader could be breaking support!


When it comes to global stock market leadership, the DAX comes to mind. Since the DAX hit a low during the Ebola scare last October, it is up 32% since 10/17/2014 (see lower inset chart)

daxattemptingsupportbreakjune2CLICK ON CHART TO ENLARGE

The DAX has been soft the past 7 weeks after it hit resistance at the …

S&P 500 – Is it repeating the 2000 & 2007 topping pattern?

spx7yearrepeatingpatternmay29CLICK ON CHART TO ENLARGE

Could the S&P 500 be pulling a repeat of the 2000-2007 topping process?

The chart above reflects that the tops in 2000 & 2007 were 7 years and 7 months apart. Is it possible that another top is taking place 7 years and 7 months from the 2007 high? As …

Dow Jones- 4th tightest trading range in 115 years is about to end!


The tug of war between the bulls and bears has created an unusual situation this year, a historically¬†tight trading range! The chart below reflects that the Dow Jones¬†has traded within a 6.68% high to low trading range this year. That is the 4th tightest trading range through May, in the past 115 years.…