Category Archives: Intraday Charts

The S&P 500 – A Break Below Current Support Projects Initial 7% and 10% Downside Targets

Monday’s market decline was brutal. The Dow Jones Industrial Average was down over 1,000 points. The S&P 500 Index opened below its 50 day moving average and below a long term uptrend line on the daily chart. The S&P did attempt a bit of a recovery in the Monday session around 3:00 o’clock in the… Read More »