The chart below shows the weekly prices for the past two years for SPY, an S&P 500 index ETF, after closing the week at 288.57 on April 5, 2019. SPY has moved higher in a tight trading channel since its low on December 24, 2018. As of Friday’s close, the large-cap ETF rested at the…
Tag: $SPX
SPY Chart – July 7, 2017
The chart below shows the daily prices for the past three months on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $242.11, on July 7, 2017. SPY retreated 2.0% from its intraday high of $245.01 set on June 9 before having a slight recovery and then dropping again. Even while setting a…
S&P 500 Chart – 3-Year View – January 9, 2015
The chart below shows the monthly prices for the past three years on the S&P 500 Index ($SPX) after the index closed the week at 2,044.81 on January 9, 2015. At the beginning of December, the S&P 500 ended a multi-week move higher that included very narrow intraday price swings. Since those days of 10-point swings,…
S&P 500 Chart – October 3, 2014
The chart below shows the daily prices for the year-to-date on the S&P 500 index ($SPX) after the index closed the week at 1,967.90 on October 3, 2014. Before the market opened the next day, index futures were predicting a positive open as the reigns were being handed back to the bulls after a 4.6% mini-correction. When the monthly…
S&P 500 Index Chart – 2 1/2 Year, Weekly View
The chart below shows the weekly prices for the past two and a half years on the S&P 500 index ($SPX) after the index closed the week at 1,985.44 on July 3, 2014. By the end of the first week in July, the SPX had moved back near the top of its trading channel marked by…
S&P 500 Index Chart – Timing is Everything
The chart below shows the daily prices for the past six months on the S&P 500 index (SPX) after the index closed at 1,865.09 on Friday, April 4, 2014. Traders will be watching to see if the trend line of higher lows holds support at the beginning of the week. If not, the SPX could…
S&P 500 Chart – January 10, 2014
The chart below shows the daily prices for the past six months on the S&P 500 index ($SPX) after the index closed at 1,842.37 on Friday, January 10, 2014. The sideways movement over the first seven days of the year has given the 20-sma time to draw in closer to the 10-sma. If the index moves…
S&P 500 Chart- Mixed Signals
The chart below shows the daily prices for the past six months on the S&P 500 index ($SPX) after the index closed at 1,690.50 on Friday, October 4, 2013. The 10-day simple moving average (sma) broke support nearly two weeks ago and has acted as resistance since then. The 20-sma broke support at the beginning of…
SPX Chart – August 30, 2013
I charted the daily prices for the year to date on the S&P 500 index ($SPX) after the index closed at 1,632.97 on Friday, August 30, 2013. The spoiler in that bearish call could be support from the higher trend line of higher lows that ignores some of the short-lived moves below the trend line….