= 070 Daily Indicator (Trend) Review

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Lawrence Stanczak

Long Term: Bullish > 2000 / Intermediate Term: Bullish > 2040 / Short Term: Neutral < 2070
The purpose of this list is to assess market trend and risk using Intermarket analysis of Commodities; Currencies; Bonds; and Stocks as well as Risk Appetite (VIX, CPC, Rato Studies, etc) and Foreign Markets. Nomenclature: Intermediate Trend (IT): 3 or more Months; Short Term (ST) generally 3 days to 3 weeks.

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000 Commentary

4/29/16 Levels to Be Aware of:

2131/2136 - All Time Closing High (5/21/15); All Time High (5/20/15)
2120 - Weekly R2
2116 - Start of downtrend on 11/3/15
2090/2106 - 10 DMA; Weekly R1; Last Week High; Round Number; Monthly R1
2076 - 20 DMA

2065/2072 - Last Week Close; Monthly PP; Weekly PP

2045/2052 - Weekly S1; 2016 Breakeven; Last Week Low
2025/2032 - Weekly S2; Monthly S1; 50 DMA
2011/2015 - 150 DMA; 200 DMA (close 2.5% above)
1993/2000 - Monthly S2; 100 DMA; Weekly S3; Round Number
1980 - Prior Support/Resistance
1950/1953 - Prior Support/Resistance; Monthly S3
1920 - 10% below SPX High
1900 - Round Number
1867 - 2015 Low
1834/1839 - 38% Retracement of rally from Nov 2012 Low to $SPX High; Monthly S3
1810 - Feb and 2016 Low
1800 - Round Number
1781 - 50 % Retracement of Rally from Nov 2012 Low to $SPX High

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