This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,315.38 on Friday, January 20, 2012. As I mentioned last week in my Dow Jones chart, technical analysis can be an art as much as a science when using certain technical indicators. Three of my go-to indicators…
Tag: $SPX
S&P 500 Chart – Ascending Triangles
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,277.81 on Friday, January 6, 2012. The S&P 500 is approaching resistance at its October 27th intraday high of 1,292.66 and volume will likely stay light until the large cap index can move past this key technical…
S&P 500 Chart – Mixed Technical Indicators
This S&P 500 ($SPX) chart shows the past twelve months of weekly prices after the index finished the week at 1,219.66 on Friday, December 16, 2011. The technical indicators aren’t all in agreement this week which makes traders more skittish going into the lower volume last two weeks of the year. When the picture isn’t as clear…
S&P 500 Chart – Moving Averages with a Bullish Crossover
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,244.28 on Friday, December 2, 2011. The large cap index just finished its second best weekly point gain ever, but is facing resistance from its 200 day moving average (dma) now. Although the SPX has made…
S&P 500 Chart – November 18, 2011
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,215.65 on Friday, November 18, 2011. The technical indicators are piling up to create a strong bearish case against the large cap index. The 200 day moving average (dma) held out as resistance yet again as…
S&P 500 – 17 Year Chart
This S&P 500 ($SPX) chart shows the past 17 years of monthly prices after the index finished the week higher at 1,253.23 on Friday, November 4, 2011. Charts are not only telling when viewed over short periods, but also over longer periods. Investors can use shorter charts to maximize gains and reduce losses week to week,…
S&P 500 Chart – Head and Shoulders Pattern
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week higher at 1,155.46 on Friday, October 7, 2011. The large cap index has been stuck in a trading channel for two full months now with the extreme top side around 1,230 and the bottom plumbing a new…
S&P 500 Chart – Will Support Hold?
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,173.97 on Friday, September 2, 2011. The large cap index had a great run off of its August lows, but faced resistance at the 50% retracement line from the July high to the August low….
S&P 500 Chart – August 19, 2011
This S&P 500 ($SPX) chart shows the past three years of weekly prices after the index finished the week at 1,123.53 on Friday, August 19, 2011. You know you are charting am ugly market when you have to stretch the chart to three years to look for clues to the next area of support. SPX is trading…