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Posts related to ‘SPY support’

S&P Chart Looking and Hoping for Support

Friday was the 25th anniversary of the stock market crash of 1987, known as Black Monday. The market was coincidentally very weak on Friday due to weak earnings reports. Now ...
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S&P Chart Starts Week Fighting Major Gains (SPY)

The market is trying to figure out what to do after 5 weeks of gains. That puts the chartists in charge on a day that is light with news flow. Today ...
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S&P Chart Failing At Resistance (SPY)

The market is down as investors have sold the S&P down after the markets have recovered to the same levels seen in early May.  Today we are tracking the daily ...
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S&P Chart Fights Draghi & ECB (SPY)

Stocks are lower after the ECB decided to stick its head in the sand with no rate cut, and Mario Draghi's post-decision commentary did not show any plan other than 'monitoring ...
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