S&P 500, Nasdaq 100, Dow Jones Technical Outlook Remains Positive
U.S. stocks continue to look poised to trade higher in the near-term, but overall the rally is likely to prove corrective and not the beginning of a new trend.
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U.S. stocks continue to look poised to trade higher in the near-term, but overall the rally is likely to prove corrective and not the beginning of a new trend.
U.S. stocks are putting the recent bounce to test and if it is to amount to a broader recovery we need to see the market hold here.
Stocks have stabilized and look poised to continue to recover in the days/weeks ahead; levels & lines to know.
S&P 500 and Nasdaq 100 Technical Analysis: Looking Lower Still 2021-03-04 13:30:00 Paul Robinson, Strategist U.S. Indices Technical Highlights: Nasdaq 100 below March trend-line, triggering H&S pattern Advertisement S&P 500 looking to break March trend-line The S&P 500 flirted with a break of the March trend-line on Friday, but held on by a very marginal amount. However, with the past couple of days we are seeing the trend-line come under real pressure again with price sneaking below. To confirm a break, I’m looking for a break below the Friday low at 3789. To really validate the break a da...
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. FANMAG (FB, AAPL, NFLX, MSFT, AMZN, GOOG) and TSLA have been under some pressure recently, while o...