Archive for October 16th, 2010

Stocks Approach Long-term Highs But Rally Remains Suspect

| October 16, 2010

The S&P 500 index closed slightly higher this week, confirming the recent break above congestion resistance near the January high at 1,150 and clearing the way for a test of the long-term high near 1,215 in April. However, the rally from July remains speculative in character as volume has failed to confirm the advance and […]

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Intermediate-term Forecast for October 16, 2010

| October 16, 2010

Stock Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the stock markets 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 The index closed slightly higher this week, moving up to a new high for […]

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