Category Archives: S&P 500 Index

SP500 Index Market Timing: Another Place to Sell

You have another possible place to sell today. We are back up at the resistance of the last high on the daily chart. We are JUST below the prior daily high. Now, if you firmly believe it’s “full steam ahead,” … Continue reading

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SP500 Index Market Timing: Rallying to Resistance

The SP500 index has bounced up to initial resistance on the 15 minute and 60 minute charts. If you were looking for a spot to sell, this would be it. Or you can wait for the next downswing in the … Continue reading

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SP500 Index: Not enough! The Wedge is Back in Play

The SP500 has reaffirmed the prior wedge break market timing signal assuming that the failed breakout holds into the close today. Can the market just saunter back up in the face of retail disappointment (Ford and Amazon) and the Egypt … Continue reading

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SP500 Market Timing: How much of a breakout is enough?

Well, the SP500 index DID break out above the wedge (bearish market timing signal) that I wrote about in last weekend’s SP500Tracker™. But not by much. We are at this moment (3:17 pm ET) just 3.22 points above the breakout … Continue reading

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SP500 Index: Still not clear of the SELL signal

The SP500 index has still not voided the market timing signal given off when the last upward wedge was broken. (The chart is in the SP500Tracker™ newsletter that can be obtained free using the link below.) The only way the … Continue reading

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SP500 Index: You think it’s up and all is well? Think again.

The SP500 index gave a market timing signal the other day that is shown in my FREE tracking newsletter that was just out this morning. The little bump up in the SP500 index today does NOT void that SELL signal … Continue reading

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