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S&P 500 support level

Trading > Morpheus Trading

Our ounce of caution was indeed warranted

Deron Wagner | Thu, 01/08/2009 - 9:54am | ETFs (exchange traded funds), Japanese Yen ETF, S&P 500 support level, Technical Analysis, Technical chart patterns |  1 comment

As anticipated, stocks followed up Tuesday's "churning" with a sharp pullback across the board yesterday. After opening substantially lower, the major indices valiantly attempted to rebound later in the morning, but fell to new intraday lows later in the day. The Dow Jones Industrial Ave ... Read more

Trading > Morpheus Trading

Approaching long-term support levels on the S&P 500

Deron Wagner | Fri, 10/24/2008 - 8:41am | Deron Wagner, ETFs (exchange traded funds), Morpheus Trading Group, S&P 500 support level, Technical chart patterns, where is the bottom? |  Add a comment

Stocks bobbed and weaved through an extremely whippy session yesterday, as buyers and sellers wrestled for dominance near key support levels in the market. The major indices dropped sharply on the open, reversed to zoom sharply higher later in the morning, plunged to massive losses and new intrad ... Read more