Tag Archives: S&P 500

S&P 500 will test major support around 3065

Published February 25, 2020: The 3065 level is at the 200-day moving average. It also would represent a 10% correction. A confirmed breach below this major support level would necessitate a chart update with Fibonacci Retracement Levels. At that point, 2400 could be in the cards.  Weelky chart of the S&P 500 showing major support around 3065

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 sector performance for 2019

S&P 500 up 28.88% in 2019 with every sector in positive territory S&P 500 sector performance for 2019

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Technical Analysis is about identifying the trend

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.

© 2020 TradeOnline.ca InvestOnline.ca

S&P 500 at all-time high

S&P 500 chart at all-time high

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Technical Analysis is about identifying the trend

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 will test support around the 200-day average

Daily chart of the S&P 500 showing the near-term downtrend and the support zone near the 200-day simple moving average.

Daily chart of the S&P 500 showing the near-term downtrend and the support zone.

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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 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 hits a new closing high

This is a tentative breakout worthy of a headline but not a trade. Wait for a confirmed breakout. You will know.

New closing high for the S&P 500

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The following chart was published in The Economist

Published in The Economist

https://www.economist.com/finance-and-economics/2018/08/23/americas-stockmarket-passes-a-milestone

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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