Predicting the Ups and Downs in S&P 500

Last week was very disappointing for the S&P 500 bulls with the index falling from 2079 to 2033. And just when the bears thought they were in control, the market found a way to break their hearts too by rallying back up to 2083 so far. The markets are notoriously known for changing direction, when traders least…

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S&P 500: Is “Black Monday” Appropriate?

They called it a “Black Monday” again. Every time the stock market crashes unexpectedly, they call it “black” day. It sounds good in the titles. It makes people click on the link and read the article. But what does it mean? An unexpected big sell-off, right? It seems the key word here is “unexpected”. But…

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S&P 500 Ready For 15 Percent Correction?

About a month ago we published “Dow Facing Another “STOP” Sign, suggesting this US stock index might be ready for a large correction soon. Major stock indices are known to be confirming each other, so we decided to take a look at the S&P 500 and see, if we could find similar warnings there. The chart…

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