VOT Research Desk
Market Analytics and Technical Considerations
After the S&P 500 eventually held the June dips near 3630, a phase of a resurgence occurred. The 200-Day Moving Average is predicted to be at 4070–4120 by Société Générale economists.
For the current rebound to continue, protecting 3815 is vital.
It is important to note that since 2010, the monthly RSI has so far managed to defend the low portion of the range.
Continued rebound may continue towards to the 200DMA of 4070–4120 and the weekly spread close to 4218. Given that the index has repeatedly failed to overcome this Moving Average since April, these levels may serve as crucial resistance in the near future.
For the current bounce to continue, defense of the short-term ascending channel near 3815 is essential. A break may cause graphics levels close to 3700/3630 to be revisited.
Indicators
|
Name |
Type |
5 Minutes |
15 Minutes |
Hourly |
Daily |
|
S&P 500 3,956.60 |
Moving Averages: |
Buy |
Strong Buy |
Strong Buy |
Buy |
|
Indicators: |
Strong Buy |
Strong Buy |
Strong Buy |
Strong Buy |
|
|
Summary: |
Strong Buy |
Strong Buy |
Strong Buy |
Strong Buy |
5:00)
Summary: STRONG BUY
Moving Averages: Buy (9) Sell (3)
Technical Indicators: Buy (9) Sell (0)
Pivots
|
Name |
S3 |
S2 |
S1 |
Pivot Points |
R1 |
R2 |
R3 |
|
Classic |
3869.50 |
3888.02 |
3917.29 |
3935.81 |
3965.08 |
3983.60 |
4012.87 |
|
Fibonacci |
3888.02 |
3906.28 |
3917.55 |
3935.81 |
3954.07 |
3965.34 |
3983.60 |
|
Camarilla |
3933.42 |
3937.80 |
3942.18 |
3935.81 |
3950.94 |
3955.32 |
3959.70 |
|
Woodie’s |
3874.88 |
3890.71 |
3922.67 |
3938.50 |
3970.46 |
3986.29 |
4018.25 |
|
DeMark’s |
– |
– |
3926.55 |
3940.44 |
3974.34 |
– |
– |
Technical Indicators
|
Name |
Value |
Action |
|
RSI(14) |
58.049 |
Buy |
|
STOCH(9,6) |
80.015 |
Overbought |
|
STOCHRSI(14) |
75.797 |
Overbought |
|
MACD(12,26) |
51.580 |
Buy |
|
ADX(14) |
21.374 |
Buy |
|
Williams %R |
-21.845 |
Buy |
|
CCI(14) |
73.0404 |
Buy |
|
ATR(14) |
77.0272 |
Less Volatility |
|
Highs/Lows(14) |
45.0758 |
Buy |
|
Ultimate Oscillator |
60.400 |
Buy |
|
ROC |
2.185 |
Buy |
|
Bull/Bear Power(13) |
132.7180 |
Buy |
|
Buy: 9 Sell: 0 Neutral: 0 Summary: BUY |
||
Moving Averages
|
Period |
Simple |
Exponential |
|
MA5 |
3962.19 |
3946.32 |
|
MA10 |
3914.37 |
3924.64 |
|
MA20 |
3865.87 |
3865.84 |
|
MA50 |
3790.10 |
3847.30 |
|
MA100 |
3910.25 |
3916.78 |
|
MA200 |
4067.33 |
4027.73 |
|
Buy: 9 Sell: 3 Summary: BUY |
||
