Technical Analysis – S&P 500 is trying to recover ground

US500 10/12/18 | EconAlerts

S&P 500 index (US500) jumps above rising trend line again after negative gap. The S&P 500 index is trying to recover ground as it opened with a negative gap today. The price is climbing above the rising trend line, continuing the bullish outlook. The RSI is standing below the neutral threshold of 50 and pointing higher, […]

Technical Analysis – S&P 500 in the long-term appears positive

US 500 03/12/18 | EconAlerts

S&P 500 index (US 500) rises above SMAs after gap up. The S&P 500 index opened higher today as it posted a positive gap, surpassing the 50- and 200-simple moving averages in the daily chart. The index is set to complete the sixth green day in a row after the rebound on the long-term ascending trend […]

Technical Analysis – S&P 500 index drifts lower

US500 Nov15 | EconAlerts

S&P 500 index (US 500) drifts lower, crosses back below 200-day SMA. The S&P 500 index fell sharply in recent sessions, crossing decisively back below its 200-day simple moving average (SMA) on November 12, which has turned the near-term bias to negative. Short-term oscillators support the notion. The RSI is below 50 and pointing lower, […]

Technical Analysis – S&P 500 eases slightly

S&P 500 08/11/18 | EconAlerts

S&P 500 (US 500) index eases slightly after sharp flying mode. The S&P 500 index recorded considerable gains at the end of October and early in November, following the rebound on the 2600 support. The index has now crossed back above its 200-day simple moving average (SMA), which keeps the broader outlook cautiously positive. Looking at short-term […]

How the US midterm elections could impact the dollar and equities

vote midterm | EconAlerts

The US midterm elections next week are widely expected to produce a split Congress. Investors appear somewhat complacent on the outcome, which allows room for notable market reactions in case of a surprise, like one of the parties taking control of both chambers. Below follows an analysis of the possible outcomes, the likelihood attached to […]