A deteriorating volume picture combined with recent price action raises the risk of an important downturn for the Nasdaq, according to David Sneddon and his team at Credit Suisse in London.
The S&P Growth/Value Ratio is likely to undergo a short-term bounce but in the longer-term Value should outperform Growth, according to David Sneddon and his team at Credit Suisse in London.
The bull theme is intact for the S&P 500, at least in the short-term, according to Steve Miley, CEO of Market Chartist.
The S&P 500 remains range-bound and will likely fall back towards key support at 2824.25, according to Andy Dodd, Head of Technical Research at Louis Capital Markets.
In the latest Global Markets Report from Robert Colby Asset Management, they highlight that the recently inverted US yield curve not only historically signals a forthcoming recession, but also a falling stock market in anticipation of a recession.
FTSE’s breakdown below key support levels suggests an intermediate-term shift to bearish has occurred, says Steve Miley, CEO of Market Chartist.
The S&P 500 is retesting resistance from its broken uptrend and signs of topside rejection are appearing, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
The unprecedented divergence between the performance of various equity market segments offers a once in a decade opportunity to position for convergence, say Marko Kolavonic and Bram Kaplan at J.P. Morgan in New York.
The relative outperformance of Indian equities may soon be at risk, according to Sejul Gokal, Chief Technical Strategist at GO-TechniKAL Insight.
The S&P 500 is hovering around the record 3000 level and a break below here risks a move back down to 2351, according to Ron William, director at RW Advisory.