Page 4 - Technical Highlights News Today

Nasdaq 100 Broke Big Support, S&P 500 Teetering: Technical Analysis 2021-02-26 13:30:00 Paul Robinson, Strategist U.S. Indices Technical Highlights: Nasdaq 100 already below March trend-line, may target long-term support Advertisement U.S. stocks are breaking down after undergoing what looked like a successful support test. The once-leading bull market darling Nasdaq 100 is trading below the March trend-line...

The Dow is consolidating well while the S&P 500 tests and holds the March trend-line; keeps stocks generally pointed higher for now.

U.S. stocks are set up to continue their recent run of weakness; levels and patterns to watch should momentum keep pushing the market lower.

S & P 500 rising in unconvincing fashion Dow Jones may soon undergo a pullback Advertisement U.S. stock indices arent looking particularly strong these days, grinding higher by a handful of basis points at a time. The S & P 500 continues to ride along a top-side trend-line that could also constitute the last leg of a reverse symmetrical triangle, also known to some as a Megaphone. These patterns are marked by higher highs and lower lows that indicate a growing instability in the trend. The...

S&P 500, Nasdaq 100 Pushing Onward; Watch FANMAG Breakout 2021-01-26 13:30:00 Paul Robinson, Strategist U.S. Indices Technical Highlights: Nasdaq 100 beginning to trade outside of two-month channel FANMAG looks positioned to trade higher out of consolidation pattern Advertisement SPX, NDX trends remain well intact The S&P 500 remains contained in the upward channel it has been building the past couple of mon...

The U.S. stock market may look frothy, but the trend remains clear until we see some type of pervasive price action suggests otherwise.