A rare bullish outside day just formed on the SPX chart A positive signal emerged last week on the candlestick chart of the S&P 500 Index (SPX). On Wednesday, the chart formed a bullish outside day — ...

The S&P 500 index gapped higher two days in a row this week — a show of strength. (Those gaps are marked with circles on the upper right of the SPX chart below.) There’s support now for SPX at the old ...

Bitcoin (BTC) bounced off the $86,000 level, but the bulls are struggling to sustain the higher levels. That shows in selling on rallies. Although analysts are divided about the near-term prospects of ...

The excerpt above gives you a glimpse into the technical and sentiment backdrop going into last week’s trading. Price action had not been exactly inspiring in prior weeks – a volatile churn - but the ...

A record 33% of S&P 500 market cap trades above 10x price-to-sales, far surpassing dot-com bubble levels and signaling extreme overvaluation. Sales growth is slowing sharply, with leading indicators ...

The S&P 500 has broken all of its uptrend lines as shown on the chart below, so it is important to consider downside levels in the absence of any immediate reversal. The SPX dropped immediately to the ...

Thanks to the powerful rally last week, the S&P 500 Index (SPX) managed to gain more than 20% from its early April low. It took just 89 trading days to recoup all the ground it had lost since ...

“Friday was an ugly candle if you are a bull, but the good news is that buyers came in around the mid-November and early January highs. It never tested other potential levels of support, such as the ...