Written by Sidney on December 13, 2009

The S&P 500 index continues its consolidation pattern since hitting the 1,100 level back in mid October 2009.  We believe that in the absence of any major news, the consolidation pattern is likely to continue going into the end of the year. Technical analysis of the S&P 500 index shows that the chart is working its way into a triangle, with the 50 day exponential moving average providi...

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Market is in Consolidation

Written by Taurus on November 2, 2009

Hello guys, what a week it has been! It was a pretty bearish week, with the S&P 500 breaking a few supports along the way. Is it time to sell yet? Let's take a closer look! [caption id="attachment_1344" align="aligncenter" width="600" caption="ETF Market Trends: S&P 500"][/caption] The S&P 500 has been whipping around the 50-MA for the last couple of days. This 50-MA has been a s...

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S&P 500 Technical Analysis: Weekly Update

Written by Sidney on July 28, 2009

For diversification purposes, it’s a good idea to consider trading foreign stock markets via exchange traded funds (ETFs).  One interesting market I’m adding to my watchlist is the MSCI Singapore Index (EWS). From the chart below, you can tell that EWS recently broke out of a 2-month consolidation to reach new highs for the year.  Technical analysis shows the next major resistance to be ...

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Market Trends: Use ETF to Trade Foreign Stock Markets