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S&P 500 Morning Update 11-11-2009

Posted on November 11th, 2009 by

A quick S&P 500 morning update to point out the current price level and some observations.

The move so far this morning is what should be expected for “Hump Day”. That is, rising up to the top, climaxing, and then “rolling over” the hump.

The “hump” of course being today, Wednesday, midweek.

Taking …

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S&P 500 Update 11-09-2009

Posted on November 9th, 2009 by

Here’s an S&P 500 update analysis through the end of the trading day today.

On my last post I mentioned to be on the lookout for a possible Head and Shoulders pattern in the stock market forming, specifically the S&P 500. Today’s large move higher put’s the odds of this pattern happening at …

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Another Head and Shoulders Pattern in the Stock Market?

Posted on November 6th, 2009 by

Is another Head and Shoulders pattern forming in the stock market ($SPX or S&P 500 for this post)?

Late yesterday I heard someone mention that a possible head and shoulders pattern could be forming in the major market indices.

When I heard this I remembered the last time people were talking about the …

Continue reading: Another Head and Shoulders Pattern in the Stock Market?