I charted the monthly prices for the past 10 years on the S&P 500 ($SPX) after the index closed at 1,517.93 on Friday, February 8, 2013. The S&P 500 threw out some red flags this past week with three moves below its 10-day moving average (dma). However, only the first move below the short-term moving average…
Tag: $SPX
S&P 500 Chart – What’s Not To Like?
This S&P 500 ($SPX) chart shows the past 3 months of daily prices after the index finished the week at 1,418.07 on Friday, December 7, 2012. However, prices have been rising (outside of AAPL and a few others). The SPX chart shows that the Williams %R indicator gave the green light in the second half of November….
S&P 500 Chart – Santa Rally Already?
This S&P 500 ($SPX) chart shows the past 3 months of daily prices after the index finished the week at 1,409.15 on Friday, November 23, 2012. The SPX closed above its 20 day moving average (dma) for the first time in more than a month. It moved above the 10 dma to open the week. However, one…
S&P 500 Chart – Not the Prettiest Picture
This S&P 500 ($SPX) chart shows the past 12 months of weekly prices after the index finished the week at 1,414.20 on Friday, November 2, 2012. The Williams %R indicator sent out warning signals in October and hasn’t reversed yet. The 14 week indicator continues to flow downhill, while the 28 week indicator is ebbing a…
S&P 500 Chart – Red Flags
This S&P 500 ($SPX) chart shows the year to date daily prices after the index finished the week at 1,433.19 on Friday, October 19, 2012. The 10 day moving average (dma) isn’t shown here since I pulled the chart too far out to keep it from blending in with everything else. I can tell you, the 10…
S&P 500 Chart – October 5, 2012
This S&P 500 ($SPX) chart shows the past year of daily prices after the index finished the week at 1,460.93 on Friday, October 5, 2012. Traders can see momentum shifts has occurred when the 20 and 50 day moving averages (dma) crossover on this SPX chart. The exact bottoms and tops of each cycle are not foreshadowed, but the…
SPX Chart – August 31, 2012
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,406.58 on Friday, August 31, 2012. The movement lower might not have much deeper to fall. Two long trend lines of higher lows are within 1-2% below Friday’s closing level. The 50 dma is right in that…
S&P 500 Chart – August 17, 2012
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,418.16 on Friday, August 17, 2012. The sideways movement of the past couple of weeks gave just enough room for the SPX to bump up a little higher in the final two days of the week to…
S&P 500 Chart – Year-to-Date Through August 3, 2012
This S&P 500 ($SPX) chart shows the past year-to-date, daily prices after the index finished the week at 1,390.99 on Friday, August 3, 2012. The path of the rally since the beginning of June looks more like a roller coaster’s route than a fun way to gain 100 SPX points. The beauty of such an up and…