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Friday's Bounce, Trend Change?
Article By: Paul Rejczak
Monday, October 15, 2018 8:14 AM EDT
The S&P 500 index will probably open lower today. The market trades within a short-term consolidation following the recent sell-off. There have been no confirmed short-term positive signals so far.
In this article: NDX, SPX Also: AAPL, AMZN, DJI
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After Tumultuous 2 Weeks, Equities Oversold – Good Idea To Cover Short
Article By: Paban Pandey
Monday, October 15, 2018 7:37 AM EDT
What a week! Stocks really took it on the chin last week, but by Friday there was some semblance of stability. Several indicators are in deep oversold territory. At least a reflex rally is due.
In this article: NDX, SPX, VIX, VXV Also: IWM, SPY, QQQ
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S&P 500 And Nasdaq 100 Forecast - Monday, Oct. 15
Article By: Christopher Lewis
Monday, October 15, 2018 5:00 AM EDT
The S&P 500 had a decent recovery towards the end of the day on Friday, as we bottomed out on Thursday at the 61.8% Fibonacci retracement level.
In this article: NDX, SPX
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SPX Closes Above Long-Term Support
Article By: Tony Cherniawski
Saturday, October 13, 2018 6:35 PM EDT
SPX challenged Long-term support at 2763.66 before closing modestly above it but beneath its 2.5-year trendline. This may give stocks a temporary respite from the decline but an important resistance has not been overcome.
In this article: NDX, SPX, VIX
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U.S. & World Market Volatility Continues
Article By: Candy Matheson
Saturday, October 13, 2018 6:14 PM EDT
Keep an eye on the RSI, MACD and PMO indicators for any signs of a reversal to support any further buying in the SPX...otherwise, look for volatility and weakness to remain elevated.
In this article: NDX, SPX, VIX
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