SPX has been moving higher over the last 5 days. We are within 3 points from touching the 200 day simple moving average. Once we hit this major resistance level, the market may rest and pull back from this bullish breakout move higher.

Recent Related Articles

Trading with a Ferrari: How Using Momentum Can Help

They say that “Price is King” when it comes to trading.  And it’s true. Understanding price is the...

How to COMPLETELY Remove Emotions from Your Trading

Every trader has a battle. In fact, many battles.  But there’s one foe that is even more powerful...

Generating Income from Earnings

What makes markets move?  Most people will say “news”, and that’s true.  But some news moves the...

Trading in A Retirement Account, Part 3

Trading in A Retirement Account, Part 3   In Parts 1 and 2 of this series, we discussed why it’s...

Trading in A Retirement Account, Part 2

In Part 2 of this series, we focus on why an IRA makes an optimum investment vehicle, and why...

Trading in A Retirement Account, Part 1

In Part 1 of this series, we focus on why it’s important to actively participate in your...

The Bonds Pendulum, and Knowing When It’s Time to Adjust Your Portfolio

You’re looking at your 401K and wondering where the value went.  It was up so high, and now it’s...

How Renko Can Simplify and Accelerate Your Trading Account Growth

Renko Charts have been getting more attention lately, and it’s no wonder. Many traders have...

What Makes Credit Spreads So Powerful

I’m going to let you in on one of the stock market’s most Powerful secrets that many traders are...

How to Trade Successfully: Using the Tools to Give You More Edge

According to the “Modern Trader Report,” released by Broker Notes, there are nearly 10 million...
Share This