Analysis: US Nasdaq Futures At Support

Analysis: US Nasdaq Futures At Support

Analysis: US Nasdaq Futures At Support 06 November, 2016 The US Nasdaq index has hit an area of strong support.  After last week’s rout the index is sitting at the September 2016 lows and July / August 2015 highs.  Those highs were a resistance level and have...
Analysis: US S&P 500 Breakdown (Short Term)

Analysis: US S&P 500 Breakdown (Short Term)

Analysis: US S&P 500 Breakdown (Short Term) 03 November, 2016 The S&P 500 index officially broke down from a multi-month sideways line on Wednesday.  Even though the overall market is in an uptrend, breaks from sideways lines trump the primary trend and need...
Analysis: Small Caps At Critical Point

Analysis: Small Caps At Critical Point

Analysis: Small Caps At Critical Point 31 OCTOBER, 2016 The US small cap index broke down from a small weekly consolidation and penetrated some key support levels. What’s next for this index? Lets look at both the weekly and daily charts to see if we can imagine...