From the Desk of Kimmy Sokoloff
We are riding a fine line.
The $SPX and the $NAS are sitting right at their respective 200-day moving averages. The $RUT is the strongest as of now.
Question is do we break down or start to bounce.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
We are riding a fine line.
The $SPX and the $NAS are sitting right at their respective 200-day moving averages. The $RUT is the strongest as of now.
Question is do we break down or start to bounce.
by David
From the Desk of Kimmy Sokoloff
March has started off on shaky ground.
The $SPX tested the 200-day moving average at 3,940 again.
It bounced, but we’ll see if it can hold this level.
by David
From the Desk of Kimmy Sokoloff
Hello March!
With the futures being up this morning, it’s like yesterday’s close didn’t happen.
We must stay on our toes.
by David
From the Desk of Kimmy Sokoloff
The market was all over the place today.
And they pushed it lower the last hour of trading.
by David
From the Desk of Kimmy Sokoloff
February, I won’t be sad to see you go!
It’s been a very choppy month, and, as of now, we look to close lower overall for the past 28 days.
by David
From the Desk of Kimmy Sokoloff
We saw a nice gap up on the $SPX today, but we weren’t able to hold on to 4,000 or 4,017.
The market decided to close the gap down, which is all fine and well. But I’d like roughly that area held at 3,980 or so.
by David
From the Desk of Kimmy Sokoloff
The $SPX had about a hundred-point drop in a span of a week’s time.
It’ll take a bit of proving if this market wants to rally.
by David
From the Desk of Kimmy Sokoloff
The market was straight down most of the day.
We saw a little bounce, but nothing that impressive.