Author: Polly Dampier, Naturus.com

The S&P 500 cash index (SPX) closed at 1154.23 on Friday, a net weekly loss of 19.74 points, or about 1.68%. Investors were anxiously waiting for reasurance from speeches by Fed. Chairman Mr. Bernanke and President...

Daily outlook for August 29 – S&P 500 mini futures (ES) Friday’s early sell-off was reversed after a speech by Fed chairman Bernanke hinted that the Fed may take further stimulus action next month. The bounce...

Weekly outlook – S&P 500 Cash index (SPX) The S&P 500 cash index (SPX) closed at 1176.80, a gain of 53.27 points or about 4.7% for the week. After 4 straight weeks of declines, last week SPX had a short-term...

The S&P 500 e-mini futures contract (ES) has either ended sub-wave 4 around 1206 area or made a major wave 2 top around 1206. The price hasn’t given final confirmation which top the 1206 level belongs to, but...