Tag Archives: SPX

S&P 500 – Long View plus a guide to Harmonic Patterns.

Guest Post by DV 34 Here’s a really useful 3 for 1 post by our guest blogger DV34 providing A look at the long term chart for the S&P 500 A really clear explanation of the basic harmonic chart patterns … Continue reading

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Posted in Market, Trading | Tagged , , , , | 13 Comments

US SPX 500 – backs off symmetrical resistance

Many technical analysts have been watching what looks as though it could be a significant resistance line in the S&P 500. Last night the SPX rejected this line on cue. Further declines below past peaks could make this a development worth watching. Interestingly, the Australia 200 … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , | 8 Comments

US – Short Short, Long Long

A euphoric reaction to a “fiscal cliff” deal saw the SPX 500 Index trade to within 1% of three year highs in the US overnight. The deal is good news for the US economy and the globe, and IMO adds to … Continue reading

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Time to Take Stock – US SPX 500

The looming “fiscal cliff” in the US is capturing headlines and investor sentiment. IMO the sell off in shares is now fully pricing a failure to reach agreement – despite recent developments that make a deal more likely than not. … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , | 5 Comments

Pairs Trading – BUY Dow SELL SP500

Many traders are currently reducing or avoiding US exposures, ahead of the US Federal Reserve’s Open Market Committee (FOMC) meeting this Thursday. This may be why an unusual “relative value” trade is available. A gap has opened between the US … Continue reading

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , , , | 8 Comments

Copper Tells the Tale

Europe is once again dominating the headlines. The possibility that a new Greek government may reject the reform program required for financial support requires markets to increase the risk premium in prices – selling all risk assets. Is this likely to continue? … Continue reading

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Posted in Commodity, Forex, Market, Shares, Stocks, Trading | Tagged , , , , , | 2 Comments

Buy US SPX 500 Break Out

The US SPX 500 Index has confirmed a break out above resistance at 1,292 – 1,300, signalling higher levels not only for US shares, but share markets around the globe. Targets for the index are now

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Posted in Market, Shares, Stocks, Trading | Tagged , , , , , | 4 Comments

Basing patterns everywhere

This is an example of another setup but in an entirely different market category. Of course these dont need to be used as an exclusiver entry method but they may help to give you an idea as to when the knife has stopped falling. Continue reading

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