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URL: http://www.thekeystonespeculator.blogspot.com/
Added: March 28, 2011
Authority: 30.1769
Type: Blog
Language: English
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Keystone's Midday Market Action 9/16/14

The markets stumble sideways into the Fed announcements tomorrow afternoon at 2:15 PM (7:15 PM London time) with the SPX threatening to squeeze out a strong move higher out of the tight standard deviation bands. The SPX 1988 resistance is holding pri

SPX Daily Chart Downward-Sloping Channel Tight Bands Squeezing Out Huge Move Ahead

The negative divergence (red lines) and overbot conditions highlighted a few days ago forecasted a spank down which occurs. The bears are having difficulty pushing lower as the overwhelming consensus of traders remain bullish overall. Selling volume

SPX 60-Minute Chart 200 EMA Cross

The SPX is above the 200 EMA on the 60-minute at 1982.77 signaling bullish markets for the hours and days ahead, however, note that there is an intense fight occurring for this critical level. Very bad things will happen to the stock market if the 20



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