Tag S&P500

S&P 500 (SPX) : Chart review as of Sept 1, 2010

This is the end of day chart for Sept. 1. SPX scored a major bullish move early in the trading session and hardly retraced much after that. With the Ichimoku Daily Chart, we can see a few signals aligned : 1. 1090 is the kumo resistance. A break above this will be a good indication [...]

S&P 500 (SPX) : Resistance breaks

SPX has break above its resistance with RSI pointing upwards. So long as it stays above 1065, we are good for bullish move on the Daily Chart.

/ES Review as of August 31, 2010 (Pre-market)

This is a pre-market review of /ES At this moment, /ES is showing a possible gap down from yesterday’s close on the Daily Chart. Support is key at 1042. If it breaks this level, we have a confirmation for a bearish play with a target at around 1011. You can see on the chart Chikou [...]