Stock Market Today: April 16th - 20th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Apr 13, 2018.

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  1. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    SPX filled Tuesday's gap, but there are others above yet to be filled. Trendline to watch for possible downside resistance shown below:

    SPX 2018-04-20 at 11.08.12 AM.png
     
    #81 Three Eyes, Apr 20, 2018
    OldFart, stock1234 and T0rm3nted like this.
  2. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Correction, last TWO gaps now filled by this week's action. Three earlier gaps still to go!
     
    #82 Three Eyes, Apr 20, 2018
  3. Frankenstein

    Frankenstein Well-Known Member

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    Around 2660 could be ok, for a first long entry--I'd prefer 2650, though
     
    #83 Frankenstein, Apr 20, 2018
  4. Frankenstein

    Frankenstein Well-Known Member

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    The SPX needs to hit that 2650 to 2660 level
     
    #84 Frankenstein, Apr 20, 2018
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Another tough day for XLP (Consumer staples) :eek: Rising interest rates definitey not helping this group
     
    #85 stock1234, Apr 20, 2018
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  6. Frankenstein

    Frankenstein Well-Known Member

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    Not pushing to the 2650 to 2655 level I want for a first long entry. Next week maybe an entry at somewhere between 2630 to 2640 then
     
    #86 Frankenstein, Apr 20, 2018
  7. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    spx breaking the 50, 21, and 8 all in one day, wow. i wonder if we will see one of those slaughter mondays that like to follow these type of fridays?
     
    #87 Ken34, Apr 20, 2018
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