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Stock Market Trend Analysis Newsletter.

The Dow Jones has formed a falling channel pattern
The Dow Jones lost 932.06 points, or 8.66%, since January 14. The downtrend has formed a falling channel pattern.
Feb 7 , 2010
The Dow Jones short-term down trend is near the support line
The Dow Jones is near the support line. Daily technical indicators are oversold. Almost 20% of S&P 500 members have an uptrend support alert.
Jan 31, 2010
S&P 500 has crossed below the 50 Day Moving Average
S&P MACD line has moved below its signal line; the price has crossed below the 50 Day MA and has closed below the lower Bollinger Band.
Jan 24, 2010
The Christmas rally has pushed the stocks ahead
The trend following indicators have turned bullish, while almost 20% of S&P 500 members are overbought.
Dec 25, 2009
Technical indicators caused a sharp stock market sell off
Strong resistance caused a sharp stock market sell off. The S&P 500 index has lost 3.3% in two days.
Sep 27, 2009
S&P 500 is forming a rising wedge pattern
S&P 500 is forming a rising wedge chart pattern. The next up leg could reach the resistance around 1075 in October.
Sep 6 , 2009
All three major US indices are overbought
109 out of S&P 500 members are overbought, 51 stocks have daily MACD bearish divergence.
Jul 25, 2009
S&P 500 - head and shoulders pattern
The S&P 500 has an Uptrend Exhaustion alert. Chart has formed the head and shoulders pattern. Price is near the neckline.
Jul 12, 2009
S&P 500 - Uptrend Exhaustion alert
The S&P 500 index has an Uptrend Exhaustion alert. The next resistance level is near 1044. The support is near 470.
Jun 7 , 2009
S&P 500 - downtrend resistance alert
The S&P 500 index has a downtrend resistance alert. The weekly ABC zigzag pattern is almost completed. Resistance is near 944.
May 10, 2009
The upside potential is limited
The S&P 500 upside potential is limited and chances are high that price will turn down soon. The support is near 805.
May 3 , 2009
S&P 500 chart has formed the broadening wedge
S&P 500 chart has formed the broadening descending wedge. The uptrend may pause for a while to reset technical indicators.
Mar 29, 2009
S&P 500 chart wave analysis
S&P 500 chart wave analysis and technical indicators suggest that the downtrend might be close to completion with the target around 650.
Feb 22, 2009
S&P 500 is forming a triangle pattern
Since mid October the S&P 500 is forming a horizontal expanding triangle pattern. The support is near 600, and resistance around 959
Jan 19, 2009
S&P 500 resistance is near 965
S&P 500 resistance is near 965 now and the support is near 738. S&P may turn down to retest the support line once more.
Nov 30, 2008
S&P 500 technical indicators have bullish divergence
S&P 500 technical indicators have bullish divergence. It is usually considered as an indicator that bears are losing power.
Nov 14, 2008
Major indices have formed a triangle chart pattern
All three major indices have formed a triangle pattern. Usually, in a mature trend a it is considered as a reversal pattern.
Oct 12, 2008
Bear market technical indicators
According to the technical indicators, the sharp market down wave might be close to completion.
Oct 12, 2008
Bear market statistics
Average length of a bear market - 18.5 months (current - 12). Average bear market decline - 36% (current - 28%).
Oct 5 , 2008
Major indices posted the biggest gains since 2002
The Dow Jones, S&P 500 and Nasdaq have posted the biggest gains since October 11, 2002 in two consecutive trading sessions.
Sep 19, 2008
Dow - head and shoulders pattern
Dow Jones long-term chart has formed a head and shoulders pattern. After retesting the neckline Dow has resumed the long-term downtrend.
Sep 7 , 2008
Nasdaq is forming a triangle chart pattern
Nasdaq is forming a triangle chart pattern. It usually represents an area of indecision, where the direction of the movement is questioned.
Aug 17, 2008
S&P 500 has formed a Bearish Advance Block pattern
The down trend might not be completed yet, and it may resume soon. On Friday, S&P 500 Index has formed a Bearish Advance Block candlestick pattern.
Jul 20, 2008
Dow Jones is forming a head and shoulders pattern
Dow Jones long-term chart is forming a head and shoulders pattern. The projected price target is near 9000.
Jul 13, 2008
The QQQQ is forming a new falling channel
The QQQQ weekly rising channel (March 17-June 5) is broken. The new falling channel is forming, and the price is near the channel support.
Jun 29, 2008
For the week Nasdaq Composite dropped 1.97%
For the last several month the Nasdaq Composite index outperformed the Dow Jones and Standard & Poor's 500 Indices.
Jun 22, 2008
The QQQQ is retesting the rising channel support
The QQQQ weekly technical indicators are overbought. The price is retesting the rising channel support.
Jun 1 , 2008
QQQQ weekly indicator is still strongly overbought
The QQQQ might see a brief rebound or pause, but the technical indicators and the wave structure suggest that the downtrend may continue.
May 25, 2008
QQQQ technical indicators are overbought
Weekly and daily Lane's Stochastic is overbought. Daily W%R is strongly overbought. MACD has bearish divergence. The channel resistance is near 50.6.
May 16, 2008

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