Tag Archives: Trading Range

The Big Question….

Our friends over at The Chart Store, who do excellent work as exemplified in the following chart,  ask it: Does the S&P have enough energy to hurdle the down trend line after a 24% run from the October bottom? We … Continue reading

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S&P500 Trying to Work Off Overbought Condition

After breaking through its relatively tight short-term trading range on yesterday’s Fed announcement, the S&P500 ran out of gas at 1333.   Our best guess is that in the short run the S&P500 trades in a range of 1306-1333 as it … Continue reading

Posted in Equities, Global Stock Performance | Tagged , | 4 Comments