By Lawrence G. McMillanThe simple fact is that the chart of $SPX is still in a downtrend. The pattern of lower highs and lower lows is still quite obvious on the chart, but I've drawn some red lines...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 9, No. 9 on May 11, 2000. More than a few customers have mentioned a “problem”...
By Lawrence G. McMillanLast week, $SPX had pulled back to support at 4200 and also to its rising 200-day Moving Average. A rally has taken place since, verifying the worth of those items as support...
By Lawrence G. McMillanStocks continue to fall, as the downtrend that began at the end of July persists (red lines on the chart in Figure 1). New relative lows were made again this week, so the...
By Lawrence G. McMillanThe $SPX Index broke down through 4330 a week ago (Friday, September 22nd), tried to rally back above it for one more day and then gave way to a sharp selloff. Thus, 4330 was...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 15, No. 13 on July 13, 2006. Whether or not the current market decline develops...