From Seeking Alpha comes this balanced article for us Techies :), analyses the state of the S&P 500 and which way it could go..
Technically Speaking: Bullish Or Bearish? by Lance Roberts
Printable View
From Seeking Alpha comes this balanced article for us Techies :), analyses the state of the S&P 500 and which way it could go..
Technically Speaking: Bullish Or Bearish? by Lance Roberts
certainly a closing of the gap recently, and this is before the FBI announcement.
"... an ABC News/Washington Post tracking poll released on Saturday Clinton’s lead over Trump has shrunk to two points from as many as 12 points less than a week ago, according to Bloomberg. The poll was conducted October 24-27, before the FBI announced it might open a new investigation into Clinton’s emails."
A week is a long time in politics , I'm anticipating a large relief rally in November but wont pre-empt it.
Good old Janet - saved the day again by being a bit 'dovish'. She doing a great job for them.
Could have been carnage the way things were heading - below 2100 and all that
From twitterland
@carlquintanilla: S&P hasn't had 8 losing sessions in a row since .. Oct 2008. (via @peterschack) @CNBC
No worries though - just the ups and downs of a market
http://www.cnbc.com/2016/11/01/why-s...eks-ahead.html
Whystocks may be set for a huge move in the weeks ahead
Ditto 9 days up on VIX, 27 years since that last happened. http://stockcharts.com/h-sc/ui?s=$VIX
But as reported here, http://www.marketwatch.com/story/her...ars-2016-11-03, "While the current slump is shallow by comparison, the market has suffered some technical damage. The S&P 500 closed at a nearly four-month low, ending just a few points above its 200-day moving average, which many market technicians see as an important support level."
"There’s something strange about the stock market’s long losing streak" http://www.marketwatch.com/story/the...eak-2016-11-02
"In the days ahead with volatility likely to pick up as U.S. voters go to the polls to elect the next president, it may make sense to view the market through a wider lens." http://www.marketwatch.com/story/wor...art-2016-11-03
No worries eh. :eek2:
we have a long wick now for November , can it turn green and engulf!!! ?
Hoop - Copper on a roll the last few weeks
Good positive sign
No worries