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Wednesday, March 16, 2022

Key S&P 500 Price Levels to Watch For (March 16th, 2022)

Today, the S&P 500 Index shows some signs to move higher.   However, it is still too early to tell whether it turns into an up trend.  Through these two charts, we try to show 1) the challenges that the Index faces and 2) the key price levels that we need to watch for. 




Sunday, March 13, 2022

The Market is Very Sick Indeed (March 13th, 2022)

Since our March 7th post, the indices stay pretty much the same.  However, do these sideway price movements and huge daily price moves affect the overall health of the market?  They do.  Every price move carries with it a different meaning to the overall market.