Archive for October 11th, 2010

Stocks are Potentially Forming Another Air Pocket

| October 11, 2010

The S&P 500 index closed near unchanged today, holding at recent short-term highs following the breakout above resistance in the 1,150 area. There is very little resistance between here and the long-term high in April near 1,215, so the rally from early September could certainly continue up toward that level. However, stocks are advancing in […]

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Short-term Forecast for October 11, 2010

| October 11, 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 near unchanged today, holding at recent highs of the uptrend from early […]

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