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S&P Must Break through 2167 to Gain Upside Momentum - the fact that S&P failed follow-through to recent breakdown from the triangle pattern suggested that the bulls are gaining control of the market.  Nonetheless, if the rally were to continue, the index must break through 2167 to maintain upside momentum.  Staying below that level heralds a shift in the secondary upswing that has dominated the market since late June.

S&P Must Break through 2167 to Gain Upside Momentum - the fact that S&P failed follow-through to recent breakdown from the triangle pattern suggested that the bulls are gaining control of the market. Nonetheless, if the rally were to continue, the index must break through 2167 to maintain upside momentum. Staying below that level heralds a shift in the secondary upswing that has dominated the market since late June.

based upon recent trading actions, the S&P is in a midst of a short-term consolidation phase.  While the near-term technical bias still favors the bullish case, the index must break through 2280 to gain upside momentum.  Staying below that level heralds a shift in the secondary upswing that has dominated the market since November.

based upon recent trading actions, the S&P is in a midst of a short-term consolidation phase. While the near-term technical bias still favors the bullish case, the index must break through 2280 to gain upside momentum. Staying below that level heralds a shift in the secondary upswing that has dominated the market since November.

S&P in Short-term Overbought Correction » an overbought pullback consolidation is likely to interrupt the February impressive rally in the S&P.  Although seemingly vulnerable to further short-term weakness, trading sentiment remains strong so sell-off should be shallow and quick because the sideline money will try to fight its way back into the market.

S&P in Short-term Overbought Correction » an overbought pullback consolidation is likely to interrupt the February impressive rally in the S&P. Although seemingly vulnerable to further short-term weakness, trading sentiment remains strong so sell-off should be shallow and quick because the sideline money will try to fight its way back into the market.

Trading Strategy – SPDR Gold » Capital Essence - 錢途集團

Trading Strategy – SPDR Gold » Capital Essence - 錢途集團

Trading Strategy – Technology SPDR » Capital Essence - 錢途集團

Trading Strategy – Technology SPDR » Capital Essence - 錢途集團

S&P Struggled near Key Technical Resistance » Capital Essence's Investment Blog- 錢途集團

S&P Struggled near Key Technical Resistance » Capital Essence's Investment Blog- 錢途集團

an overbought pullback consolidation is likely to interrupt the November massive rally in the S&P.  Although seemingly vulnerable to further short-term weakness, trading sentiment remains strong so sell-off should be shallow and quick because the sideline money will try to fight its way back into the market.

an overbought pullback consolidation is likely to interrupt the November massive rally in the S&P. Although seemingly vulnerable to further short-term weakness, trading sentiment remains strong so sell-off should be shallow and quick because the sideline money will try to fight its way back into the market.

Bulls Need to Clear S&P’s 2150 quickly or Market Will Fall Under its Own Weight -  based upon recent trading actions, an important near-term low had been established and the S&P is in an oversold consolidation.  However, the bulls need to clear 2150 quickly or market will works off oversold conditions and fall under its own weight.

Bulls Need to Clear S&P’s 2150 quickly or Market Will Fall Under its Own Weight - based upon recent trading actions, an important near-term low had been established and the S&P is in an oversold consolidation. However, the bulls need to clear 2150 quickly or market will works off oversold conditions and fall under its own weight.

S&P is in overbought territory following recent advance.  While overbought condition is normal during long-term uptrend, it suggests that upside momentum might not sustain without at least a short-term breather. Nonetheless, overbought conditions can likely be sustained for 2 to 5 days before giving way to a pullback.

S&P is in overbought territory following recent advance. While overbought condition is normal during long-term uptrend, it suggests that upside momentum might not sustain without at least a short-term breather. Nonetheless, overbought conditions can likely be sustained for 2 to 5 days before giving way to a pullback.

the fact that S&P had managed to hold on to most of the late May massive gain in the face of overbought condition, indicating an internal strength.  The bullish development has the potential to give way to an upside breakout from current trading range and a test of more important resistance in the 2111-2134 zone.  As for strategy, traders should consider purchase stocks during declines in the market and stay bullish.

the fact that S&P had managed to hold on to most of the late May massive gain in the face of overbought condition, indicating an internal strength. The bullish development has the potential to give way to an upside breakout from current trading range and a test of more important resistance in the 2111-2134 zone. As for strategy, traders should consider purchase stocks during declines in the market and stay bullish.

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