Tag Archives: S&P 500

The SPX Will Continue to Move into Overbought Territory

A quick recap to yesterday:  the SPX gapped down right to my Oversold level of 1398; ultimately giving way to down to 1394.  At that point, the SPX immediately reversed course back to 1398; holding that level for a bit … Continue reading

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Anecdotal Evidence of Economic Expansion

Land surveying is one of the foremost leading indicators of economic activity. It is a required procedure for most every form of construction. If Target wants to create a new island in their parking lot, it requires a survey. If … Continue reading

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Wait For The Opportunity

The S&P 500 closed out the session on Friday right in the middle of the range I’ve indicated on the chart below (quantitative, not technical); giving up the most of it’s gains.  With about an 11 handle range from 1372 … Continue reading

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