S&P 500 Analysis

Today’s action was pretty intense.

What does it mean for the SPX?

S&P 500

S&P 500

Trade with caution, the trend is down.

I’m buyin’ stocks ’cause sellers ain’t ’round.

% of Rising S&P 500 Stocks : S&P Volatility Index

% of Rising S&P 500 Stocks : S&P Volatility Index

Volatility dropped, more stocks rose.

This is a good sign to dip in your toes.

Danger abounds, investors beware.

Traders rejoice, reversion is here.

Potential SPY resistance and support (R&S) 81 & 68.


3 Responses to S&P 500 Analysis

  1. Lucas says:

    since I can’t seem to find an email for you, this comment is to inform you that you have been plugged. y’Know, if you care about that kind of thing.

    http://trendandvalue.blogspot.com/2009/03/volatility-index-vix.html

    • chucklesamadeus says:

      I’m much obliged for the linkage Lucas, thanks. I’ll make my blog roll and email a priority, but quite frankly, I’m stymied by the wordpress configuration.

  2. Lucas says:

    nichts zu danken. or whatever.

    the new blog looks good though.

    btw, folks on my links list get my newsletter free. if you’re interested shoot me a quick email and I’ll put you on the list. “trendandvalue at gmail”