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E VIX In Engulfing Bullish Pattern; SPX Throws Over Cycle Top Resistance
Article By: Tony Cherniawski
Saturday, October 21, 2017 4:23 PM EDT
VIX created a bullish engulfing pattern in which the highs and lows exceeded the prior week with a weekly close above last week’s closing high. SPX made a throw over in the last day of the week by probing above its Cycle Top resistance at 2570.69.
In this article: GLD, NDX, SPX, VIX, BKX
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S&P 500 And Nasdaq 100 Forecast - Friday, Oct. 20
Article By: Christopher Lewis
Friday, October 20, 2017 4:50 AM EDT
The S&P 500 initially fell during the Thursday session but found enough support near the 2545 level to turn things around and rally significantly. The Nasdaq 100 fell significantly during the session, reaching down to the 6050 level.
In this article: NDX, SPX
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S&P 500 And Nasdaq 100 Forecast - Thursday, Oct. 19
Article By: Christopher Lewis
Thursday, October 19, 2017 4:29 AM EDT
The S&P 500 rallied during the day on Wednesday, reaching towards the 2560 level. The Nasdaq 100 went back and forth during the day but is a bit overbought anyway.
In this article: NDX, SPX
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S&P 500 And Nasdaq 100 Forecast - Wednesday, Oct. 18
Article By: Christopher Lewis
Wednesday, October 18, 2017 4:18 AM EDT
The S&P 500 initially fell during the day on Tuesday but found enough support to turn around and form a hammer again. The Nasdaq 100 initially fell during the day on Tuesday but found enough support to turn around and form a hammer.
In this article: NDX, SPX
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S&P 500 And Nasdaq 100 Forecast - Tuesday, Oct. 17
Article By: Christopher Lewis
Tuesday, October 17, 2017 4:56 AM EDT
The S&P 500 rallied during the day after initially falling on Monday, showing signs of support at the 2550 level. The Nasdaq 100 exploded to the upside as well, as most of the FANG stocks continue to rocket to the upside.
In this article: NDX, SPX
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