Archive for July 23rd, 2010

Stocks Enter Critical Time Period

| July 23, 2010

The S&P 500 index closed moderately higher today, moving up to a new high for the short-term uptrend from early July and beginning a test of strong congestion resistance in the 1,104 to 1,110 range. We are now at a critical juncture and what happens over the next five weeks should tell us a great […]

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Short-term Forecast for July 23, 2010

| July 23, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed moderately higher today, confirming yesterday’s break above resistance at the upper boundary […]

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