Tag Archives: S&P

The S&P confirmed a small extension yesterday before however turning again below the 200 days line this morning. The closing was however positive.

The S&P formed on Friday a negative day reversal but only a daily closing tonight below 1242,40 will confirm a s/t top favouring lower levels. The weekly closing was instead very strong well above the top of the previous week.

The S&P is extending its move up further already confirming a 1258 overshooting that we now sold increasing our position to an average at 1245,25!

The S&P formed a positive outside day confirming a strong closing well above the top of the previous sessions.

The S&P confirmed on Friday a further weak closing and also the weekly one was very weak well below the low of the previous week.

The S&P confirmed a negative closing also yesterday favouring the 1170 undershooting this morning.

The S&P US market only chart is still showing a gap down area  1197,30 – 1206,50 and this has to be considered today.

The S&P confirmed a weak closing last night testing the support line of the symmetrical triangle this morning at 1227,00.

The S&P formed a negative day reversal after the strong closing on Friday.