Archive for July 10th, 2010

Global Markets Hold Near Key Support Levels

| July 10, 2010

Stocks rebounded this week following the breakdown of the massive head and shoulders top formation experienced by US equities a week ago, but risk assets around the world remain on the brink of a major corrective move. The S&P 500 index moved back above long-term congestion support in the 1,060 area, but the downtrend from […]

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Intermediate-term Forecast for July 10, 2010

| July 10, 2010

Stock Weekly Chart Analyses The following weekly chart analyses provide intermediate-term forecasts for the stock indices that we monitor. For short-term outlooks see the latest short-term forecast and for long-term outlooks see the latest long-term forecast. The S&P 500 Index Synopsis: The S&P 500 index closed sharply higher this week, reacting off of recent lows […]

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