Posts Tagged ‘S&P 500’
Confirming the Unconfirmable
Monday, June 28, 2010 9:27 No CommentsMany chartists are currently harping about the big possibility that the US market is due for a big correction as they already see the three major indices; DJIA, Nasdaq & S&P 500, forming the bearish head & shoulders formation, a possible signal that the bear markets are a-comin’.
But before we go on to confirm what [...]
Standard & Poor: The Actual State of this Index
Sunday, November 23, 2008 14:12 No CommentsThat’s right. Not only is the name of the index S&P 500 (SPX) known as Standard & Poor’s but that is the best way to describe the condition of the index right now. Why say something like that about the broader based index? Take a look at how the long term chart looks and tell [...]
