Standard and Poor’s | ^GSPC | Moses US Stock Analysis

March 6, 2016

 

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Completed Double Bottom

S&P 500

In our recent analysis, we saw Dow Jones Industrial Average is in the mode of changing direction; double bottom. See previous posting for details. If you will look at the S&P 500 chart, it had made the double bottom. Picture worth a thousand words. See chart for more.

 

March 4, 2016 Standard & Poor's 500 Daily

March 4, 2016 Standard & Poor’s 500 Daily

 

 

 

 

 

 

 

MACD is showing weakness; potentially the price may be changing direction. There are chart pattern on MACD too. Check it out!

Moses US Stocks Analysis and Scan

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