The Next Resistance Won't Be Easy
Usually the most popular indexes are the S&P 500, Nasdaq Composite and the Dow
Jones Industrial Average. In this post, as usual, I'll review the S&P 500
Local Optima
Little Progress on the Rally
Yesterday we saw the S&P 500 pullback and today it recovered to a level a little
bit higher than Tuesday. It would seem as if there is uncertainty about the
4,
A Healthy Market Pullback
Just yesterday, I was warning about a pullback and today we just faced one that
could still continue tomorrow. It will be still considered a healthy price
action if it stays within the
Market Optimism, next milestone 4,600
Have you seen one of those goats that climb mountains and you don't know how on
earth it got so high and doesn't fall? I see the Market behavior
The Rally Pauses, is it Over?
The S&P didn't rally for a fifth day in a row, it closed marginally lower so the
rally isn't dead yet, it's taking a break.