Category Archives: U.S. Indexes

Near-term uptrend for S&P 500 and up 13.6% from the December low

S&P 500 cleared resistance at 2600 and it cleared the 50-day average.  The next resistance zone is the downward sloping trendline and the 200-day average.  

Reference my last post on the S&P 500 Index.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

S&P 500 near-term uptrend will meet resistance around 2600

S&P 500 near-term uptrend will meet resistance around 2600

Reference my post on the retracement levels for the S&P 500.

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Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2019 TradeOnline.ca InvestOnline.ca

Long dark shaven head and body candlestick is an ominous sign for the S&P 500 Index. The bear will bite!

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

Fibonacci retracement lines for the S&P 500

Can the 50% retracement hold before the bear bites?

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

S&P 500 Index has suffered serious technical damage

The view on the weekly chart shows the index trading below the 40-week moving average. RSI and MACD are both confirming the bearish sentiment. It will test 2550 to 2600 support zone.

S&P 500 weekly chart

Reference a previous post as the S&P 500 was attempting to hold the 40-week moving average.

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

S&P 500 YTD sector performance

S&P 500 sector performance

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

S&P 500 tested major support last week at 200-day moving average

Here is the view and the setup on the weekly chart

Test at the the 200-day average on the weekly chart

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Here is the view and the setup on the daily chart

S&P 500 daily chart showing the test at the 200-day moving average.

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca

S&P 500 will test major support at 200-day moving average

The major uptrend as defined by the 200-day moving average still prevails until proven otherwise

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2018 TradeOnline.ca