February 22, 2021, 9:20 am EST Technology Lags Behind Technology lags behind Dow Jones and S&P index since 02/16 as shown in the featured chart (QQQ-orange, SPY-red, DIA-blue). AAPL, TSLA, FB, MS...
January 4, 2021, 12:51 pm EST Intraday Reversal and Breakdown Stock markets opened with a new high record high but it did not last very long. Markets quickly turned direction to the downside with all ...
December 30, 2020, 10:21 am EST 2020 Year End Rally Stock market squeezed its power for the last few trading days of 2020 to a new high zone. New highs always mean bullish but it is also important to ...
October 26, 2020, 12:03 pm EDT Third Wave of COVID-19 Hit US and the World COVID-19 cases increase dramatically in the US and worldwide as the third wave attacks. Stock markets respond in a bearish wa...
October 7, 2020, 10:59 pm EDT Roller Coaster Rides Yesterday stock markets went straight down and today was on the way up. As seen from SP&500 ETF SPY chart that today recovered almost all the dro...
August 11, 2020, 4:02 pm EDT Stock Market Today: Rally Pause Finally, stock markets took a break with intraday reversal today with DJIA -0.4%, S&P -0.8%, Nasdaq -1.7%. Looking into the chart of S&...
July 15, 2020, 12:18 pm EDT Tech Lost Leadership Technology lost its leadership since 07/13 as shown in the picture that compares Dow Jones ETF (DIA), S&P500 ETF (SPY) with Nasdaq-100 ETF (QQQ). O...
July 11, 2020, 7:31 pm EDT Bullish Price Action While Nasdaq made new highs almost every day in the past few weeks, S&P and Dow Jones also approached their relative resistance levels before making...
June 26, 2020, 10:48 am EDT Watch out S&P Key Support Level 3000 S&P is near the edge of key level 3000. It will become reversal follow-through for full scale downtrend when it happens. Watch ...