Tag Archives: 200-day moving average

Price Action In The S&P & Its 200-day MA

Posted on October 11, 2018 by macromon

That was easy. Only second close below the 200-day (2765ish) for the S&P since January 2016.   The 200-day has been steel support for the S&P500, and a trampoline for reversal rallies over the past few years.   Not today. Is this … Continue reading →

Posted in Equities, Uncategorized | Tagged , , | Leave a comment

S&P500 Flirting With Key Support

Posted on October 11, 2018 by macromon

The S&P500 moved through its 200-day moving average this morning and has bounced almost 20 points back above the low for a day back through the 200-day .   Since early 2016, the 200-day has acted as steel support for stocks, … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 2 Comments

The Streak

Posted on July 31, 2018 by macromon

In case you missed Charlie B.’s excellent table from yesterday, which illustrates the S&P500 has not closed below its 200-day moving average in 526 days, here you go. Stunning, especially given Joltin’ Joe’s hitting streak lasted 526 consecutive games.  Coincidence?   You … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 11 Comments

Key Levels You Need To Know

Posted on April 2, 2018 by macromon

The S&P500 sliced through its 200-day moving average like a “hot knife through budda’” today.  It’s the first close below the 200-day in almost two years.  Significant. The next stop is the February 9th intraday low at 2532.69, the Maginot … Continue reading →

Posted in Equities, Uncategorized | Tagged , , , , | Leave a comment

Russell 2K Below 200-day Moving Average

Posted on May 6, 2014 by macromon

Today the Russell 2000 closed below its simple 200-day moving average for the first time since November 2012.   Take note. (click here if chart is not observable)  

Posted in Equities | Tagged , | Leave a comment

Sector ETF Technical Analysis – November 8

Posted on November 9, 2013 by macromon

(click here if charts are not observable)

Posted in Sector ETF Peformance | Tagged , , , | Leave a comment

Euro testing key support

Posted on November 3, 2012 by macromon

The Euro$ is sitting right on top of its 200-day moving average at 1.28237.   The chart shows this is an important level as it has provided support over the past few months and once breached usually leads to sustained weakness. … Continue reading →

Posted in Currency, Euro | Tagged , | 1 Comment

Bears Breach Apple’s 200-day

Posted on November 2, 2012 by macromon

We posted yesterday how important Apple’s 200-day moving average is/was. We noted, “It’s been the dike that has kept the Bear Sea at bay ,” since the bull run started in March 2009.   Here’s an excerpt, Apple’s stock managed an … Continue reading →

Posted in Apple | Tagged , , | Leave a comment

How Important is Apple’s 200-day moving average?

Posted on November 1, 2012 by macromon

Very.  It’s been the dike that has kept the Bear Sea at bay.  Apple’s stock managed an impressive bounce off the its 200-day moving average yesterday.  It was the first time the stock has come within $1.00 of the 200-day … Continue reading →

Posted in Apple | Tagged , | 3 Comments

Apple’s Textbook Bounce Saves the Market

Posted on October 4, 2011 by macromon

To those who “don’t believe in the technicals” we suggest they take a look at today’s Apple chart. Like a superstar baseball player who consistently hits 75 home runs per year and is considered to have a “bad year” with … Continue reading →

Posted in Apple, Equities, Technology | Tagged , , , | 6 Comments