Indices / Page 12

Technical Analysis – US 500 index retreats ahead of all-time high, upside intact

Posted on December 13, 2021 at 4:15 pm GMT

The US 500 stock index (Cash) has receded from the upper Bollinger band around 4,730 prior to retesting the all-time high of 4,744. The simple moving averages (SMAs) have converged with the 100-period SMA flatlining, promoting a more neutral bearing, while the rising 50-period SMA suggests the recent climb from the 4,494 region could endure. The short-term oscillators are reflecting the increase in bearish forces. The MACD, far above zero, has dipped below its red trigger line, hinting that positive [..]

Technical Analysis – US 100 meets support at 200-SMA; bias remains negative

Posted on December 10, 2021 at 8:54 am GMT

The US 100 cash index has been trending downwards after achieving a new all-time high of 17,767 in mid-November. Although the price managed to merely bounce back since further declines were rejected at the 15,540 region, its short-term rebound seems to be running out of steam. Despite finding support at its 200-day simple moving average (SMA) in the last few sessions, bearish forces seem to retain the upper hand. This near-term bearish bias is also reinforced by the momentum indicators, [..]

Technical Analysis – US 500 index attempts to push higher

Posted on December 6, 2021 at 4:24 pm GMT

The US 500 stock index (Cash) is trying to recoup previously lost ground from the decline off the 4,720 level until the one-and-a-half month low of 4,494. The bearish 50- and 100-period simple moving averages (SMAs) are endorsing the pullback, and a downward crossover of the 200-period SMA by the approaching 100-period SMA could boost the negative trajectory. That said, the Ichimoku lines are suggesting downward forces are taking a breather, while the short-term oscillators are signalling that buyers may [..]

Technical Analysis – GER 40 moves sideways after retreating from all-time high

Posted on December 3, 2021 at 9:18 am GMT

GER 40 stock index (cash) has been charging upwards since February, recently posting a new record high at 16,296. Although the index plunged after its rally ceased, it has adopted a more sideways pattern in the last few sessions. The short-term picture seems bearish as the price dived beneath both its 50- and 200-day simple moving averages (SMAs). This imminent negative bias is also reinforced by the stochastic oscillators. The MACD histogram is currently found below its red signal line in the [..]

Technical Analysis – US 30 index bears dominate, keeping descent intact

Posted on December 2, 2021 at 4:29 pm GMT

The US 30 stock index’s (Cash) bearish outlook appears to be unwavering as the price continues to plot lower highs and lows. The diving 50- and 100-period SMAs and their bearish crossovers of the 200-period SMA is signalling that the retracement in the index from the all-time high of 35,562 may have some ways to go before buyers find their feet. The negative bearing has the upper hand as long as the price remains below the 35,000 handle, despite the [..]

Technical Analysis – US 500 extends decline from all-time high as bullish forces wane

Posted on November 30, 2021 at 9:56 am GMT

The US 500 stock index (cash) keeps trending upwards in the long term picture, creating a profound structure of higher highs and higher lows. However, in the four-hour chart, the index has been giving up ground since its rally halted at the new record high of 4,743. This recent pullback is likely to continue as the short-term oscillators indicate that the positive momentum is fading. The stochastic oscillator is negatively charged, while the RSI is flatlining well below the 50-neutral mark. Should the selling [..]

Technical Analysis – JP 225 index plummets in the short term; bias bearish

Posted on November 29, 2021 at 9:41 am GMT

Japan’s 225 stock index (cash) plunged in the previous session, erasing most of its recent rebound. The index crossed below both its 50- and 200-day simple moving averages (SMAs), which altered its short-term picture to negative. The descending move is likely to continue as the immediate bias seems bearish as well. The momentum indicators further reinforce that sellers have gained the upper hand as the MACD histogram is found both beneath zero and its red signal line, while the RSI is hovering [..]

Can anything stop the stock market? – Special Report

Posted on November 26, 2021 at 12:59 pm GMT

Stock markets have gone on an absolute rampage this year. The problem is that the factors that initially fueled this rally – heavy government spending and endless central bank liquidity – are slowly fading away. Meanwhile, new covid variants are threatening growth. Can corporate buybacks, the weaponization of call options, and sheer momentum keep this party going? Rocket fuel There’s a clear sense of euphoria driving this bull market. Asset prices seem almost immune to bad news, every dip is [..]

Technical Analysis – UK 100 index pulls back from fresh highs; bullish bias holds

Posted on November 25, 2021 at 11:21 am GMT

The UK 100 stock index (cash) has been trending upwards since February. However, the index experienced a minor downside correction lately after its rally peaked at the 20-month high of 7,400. This recent pullback is unlikely to continue as the momentum indicators suggest that the bullish forces are still in play. The stochastic oscillator is sloping upwards near the 80-overbought area, while the RSI is hovering in the positive region. Should the buying pressure intensify further, the immediate hurdle for [..]

Technical Analysis – US 500 index eyes uncharted heights as bullish bias sturdy

Posted on November 8, 2021 at 3:21 pm GMT

The US 500 stock index’s rally seems to gallop on unabated with imminent tapering on the horizon and a new infrastructure bill getting ready to be signed. The simple moving averages (SMAs) are sponsoring the robust uptrend in the index. The short-term oscillators are reflecting a pause in upside impetus prior to the fresh all-time high of 4,718. The MACD, deep in the positive region, is hovering beneath its flattening red trigger line, while the RSI is struggling to push [..]

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