By Lawrence G. McMillanTechnically, $SPX is still within the 4330-4540 trading range, but it is now probing the low end of that range. Prices and internal indicators were deteriorating slowly until...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on September 18, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe week after September expiration (i.e., the week after the third Friday of September) is historically a very negative week for the market. In fact, last year, that week saw...
By Lawrence G. McMillanThe market is still struggling to find direction, as it remains mired in a narrowing trading range. The "outside" parameters are support at 4330 and resistance at 4540. I...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on September 11, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanStocks recently ran into some trouble at the 4540 area on the $SPX chart, after having bounced strongly off of the support at 4330 in mid-August. So, those two levels are what...
By Lawrence G. McMillanStocks have continued to rally ever since the 4330 level was successfully tested a couple of weeks ago. So the larger challenge for the market is whether or not it can overcome...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on August 28, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanLast Friday, $SPX traded down to nearly 4330 and has bounced from there. That is the support level that we have been talking about for some time, and it did a good job of...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on August 21, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...