by Ramki | Jan 26, 2012 | S&P500
The current rally in the S&P500 index looks powerful, and this should make people wonder about the medim term outlook for the US stock market. Readers might remember my post of 16 December 2011 where I suggested that we will probably see one strong rally in the...
by Ramki | Dec 18, 2011 | S&P500
Two things are clear from the attached chart. First, there is a reasonably good chance that we will go back and forth for a few more weeks, and it is possible that one particular rally will be relatively powerful. However, just when everyone starts to cheer, I suspect...
by Ramki | May 19, 2009 | S&P500
The S&P500 index can go back to the highs One of the hardest decisions a trader makes is to take a punt against the current trend. It is seldom profitable immediately, and he worries how far away the market will go before his view becomes the accepted thinking....
by Ramki | May 14, 2009 | S&P500
S&P500 is ready to dive On 5th May I presented you with this chart. The market more-or-less behaved as expected. In a more recent update I warned you to be patient until we get the first clue of a topping out is shown to us. The reason is quite simply we won’t...
by Ramki | May 10, 2009 | S&P500
The current uptrend in the S&P500 has more time to go In recent updates I have called for the S&P500 index to remain well bid, warning we could see it reach its first target of 937 in this short term up trend. That level is very close, and not far from another...
