I just published my free SP500 Index Tracking newsletter late last night showing these 3 breakouts following the breakout above the wedge. The link to signing up for it is in the prior post. The SP500 has several support levels that I show that could hold the next pullback. The chart is in the FREE newsletter.
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Recent Posts
- Market Timing Brief™ for the 03-20-2020 Close (Coronavirus Update 4-02-2020): “Deep U.S. Recession? If So, Bigger Losses to Come. How Big? Gold Remains ‘Insurance Only.’ Debt Markets Throwing Fits. Fed is Catching Up Still.”
- Market Timing Brief™ for the 03-13-2020 Close: “A Recession Means a Big Bear Market Is Likely and the Federal Reserve Just Confirmed It! Gold Broken for Now. Treasuries Up in Price As the ‘Falling Rate Shock’ Continues After Massive Fed Action.”
- Market Timing Brief™ for the 02-28-2020 Close: “Enough Blood On Wall Street Yet? Gold Corrects Despite Falling Rate Shock.”
- Market Timing Brief™ on 01-31-2020: “Stocks Sink and Give Up Some “Stretch.” Gold Blasts Off MORE on Geopolitical Risk as Rates Ease MORE.”
- Market Timing Brief™ on 01-06-2020: “Stocks Continue Upward Stretch Above Prior Trend. Gold Blasts Off on Geopolitical Risk as Rates Ease.”
Click to Follow Me On Twitter
- #Coronavirus #COVIC19 You can find your county on the map (see ref) and if you have just 25 or fewer cases your co… twitter.com/i/web/status/1… 4 hours ago
- #Coronavirus The US continues to see steep active case increases, today w/ a 14.89% increase vs. yesterday or 4.24… twitter.com/i/web/status/1… 4 hours ago
- $STZ #Corona Beer production is shut down, but not for the reason you think... cnn.com/2020/04/03/bus… #Coronavirus #COVID19 6 hours ago
- Have a great and #coronavirus-FREE weekend! 6 hours ago
- .@ognogger Yes, even less liquidity available. 16 hours ago
- $SPX $SPY $IJH $IWM NY #Fed Nowcasting -0.37% SAAR GDP for Q2, despite other forecasts of -25% or more.… twitter.com/i/web/status/1… 16 hours ago
- #Coronavirus #COVID19 Bizarre statement was made by #Kushner that the national stockpile is not for the States who… twitter.com/i/web/status/1… 17 hours ago
- #Liquidity Part 2: @watcher9o0 Thanks for pointing that out (I had heard about that previously, so that news about… twitter.com/i/web/status/1… 17 hours ago
- This is the best advice can reiterate today: Remember LIQUIDITY is key in these financial panics/crashes. Everythi… twitter.com/i/web/status/1… 17 hours ago
- . @iAmWabiSabi Short (days) to intermediate term (weeks). GLD looks like it's forming a lower high now. Bulls hav… twitter.com/i/web/status/1… 18 hours ago
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