Monthly Archives: March 2015

Bo Yoder S&P Update

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In last week’s column, I was calling for the S&P 500 (ETF Proxy – AMEX:SPY) to rally up to test the highs and offer me a short entry into a double topping pattern. Instead, this index fell well short of the highs and actually formed a lower high! The bears are clearly back in control…

The S&P has rallied up and is trying to test the all-time highs

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The S&P 500 (ETF Proxy – AMEX:SPY) has rallied up and is trying to test the all-time highs but has so far failed as power is lacking in the markets.  This low momentum movement is indicative of a breakout failure, which has been my forecast for some time. If you have a portfolio of long…

Is the FTSE 100 seriously capable of breaking into fresh highs?

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After a couple of strongly bullish weeks the FTSE 100 is now trading steadily around the 7,000 points’ area having broken above its previous highs located more or less 100 points lower. What has pushed the FTSE to such fresh highs has been the doubts on whether the Fed and the BoE are seriously considering…

Fresh highs for the FTSE 100 but momentum seems to be fading away

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It seems that the FTSE doesn’t want to abandon its current uptrend and is trying to hold on its recent gains around the 6,950 points’ area. During the previous week the London index managed to remain afloat and resisted any pressures to the downside so the outlook for the days ahead is kind of mixed.…

The S&P 500 remains unstable with low levels of liquidity

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The S&P 500 (ETF Proxy – AMEX:SPY) remains unstable with low levels of liquidity intra day, and I would continue to urge caution if you are trading this index.  There is a credible top showing on the daily chart of this index, and we are hearing this week that one of the major drivers of…