Tag Archives: S&P 500

S&P 500 Index candlestick chart

Can the S&P 500 break major resistance?
Intermediate uptrend for the S&P 500 Index with major resistance at 1,420.  RSI is confirming the uptrend.

S&P 500 Index 6 Month Candlestick Chart

The technical indicators in the above chart point to the index having a good chance to break major resistance which was the April, 2012 high. This will be a major test for the S&P 500 and the bears are waiting for any signs of capitulation. The only negative is the relatively light volume which is typical for the summer months. But, at least the volume has increased over the last three trading days. Take your signals from the market action and trade accordingly.

Reference the last candlestick chart analysis for the S&P 500

Relevant articles picked from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: S&P 500 Index

Intermediate uptrend for the S&P 500 Index
Intermediate uptrend for the S&P 500 Index with major resistance at 1,420

S&P 500 Index 6 Month Daily Chart

Reference the last chart analysis for the S&P 500 posted on July 23, 2012.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis S&P 500 Index

Intermediate uptrend for the S&P 500 Index
Intermediate uptrend for the S&P 500 Index.  Resistance levels identified on the daily chart.

S&P 500 Index 6 Month Daily Chart

Reference the last chart analysis for the S&P 500 Index published on June 8, 2012.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

S&P 500 Index candlestick chart analysis

Bullish Engulfing Pattern with resistance at 1,350
Candlestick chart analysis for the S&P 500 Index showing an bullish engulfing candlestick pattern with near-term resistance at 1,350

S&P 500 Index 3 Year Chart

Reference the last chart analysis for the S&P 500 Index which highlights the support levels.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical Analysis: S&P 500 Index

Critical support zone for the S&P 500 Index
Technical analysis of the S&P 500 Index showing the critical support  zone of 1,285 to 1,300

S&P 500 Index 2 Year Weekly Chart

The critical support zone represents a retracement of 50% from the April, 2012 high to the November, 2012 low. There is money on the sideline that will flow into equities at this level. And the shorts will cover if the S&P 500 Index continues to advance above the support zone.

A confirmed break below this support level is an ominous warning for this U.S. Index.

Against the backdrop of the Eurozone crisis with Greece and Spain in the spotlight, there are four major U.S. reports the week of May 28, 2012:

  1. On Tuesday, the U.S. Conference Board reports on consumer confidence in May. Economists expect a reading of 69.5.
  2. On Thursday, the U.S. Labour Department reports on initial jobless claims in the week ending May 26. Economists expect 370,000 new claims.
  3. On Friday, The U.S. Institute for Supply Management issues its manufacturing index for May. Economists expect a reading of 53.9.
  4. On Friday, the U.S. Labour Department issues its jobs report for May. Economists expect the unemployment rate to remain unchanged at 8.1 per cent, and non-farm payrolls to add 150,000 jobs.

Enjoy your trading week.

Reference the last chart analysis for the S&P 500 Index posted on April 16, 2012 when it was still holding above the upward sloping trendline.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

S&P 500 Index chart analysis

S&P 500 holding above the upward sloping trendline
S&P 500 Index chart analysis showing the upward sloping trendline.

S&P 500 Daily Cahrt

Reference the last trendline analysis for the Dow Jones Industrial Average.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Candlestick chart analysis for the S&P 500 Index

S&P 500 Index in a lateral trading band
Candlestick chart for the S&P 500 index showing support and resistance levels.  The index is trading in a lateral tranding band.

S&P 500 Index Weekly Candlestick Chart

Reference the last candlestick chart analysis for the S&P 500 Index.

Have you tried the advanced chart settings for BigCharts?

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca

Technical analysis of the S&P 500 Index

Critical support level for the S&P Index at 1,100

S&P Index candlestick chart with support levels and a downward trend in the RSI

S&P 500 Index Three-Year Candlestick Chart

The S&P 500 Index is in an intermediate downtrend: cash is still king.

Reference the last analysis of the S&P 500 Index which was a more positive chart.

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2011 TradeOnline.ca