While the headlines remain scary to some, those who view the markets through technical analysis continue to see many positive developments for stocks. Scott Redler, a partner with T3Live.com, believes that with the S&P 500 closing above it’s 200-day Moving Average, this has now opened the door for the index to reach the 2800 level. […]
Ari Wald: Undercover Participation Leading the Market Recovery
Ari Wald, Head of Technical Analysis at Oppenheimer, was on Bloomberg’s ‘Smart Charts’ segment with Abigail Doolittle Wednesday afternoon discussing 3 key chart topics that indicate a positive sign for the markets, domestic and international, going forward. While there is still more work to do and resistance levels to get through, Ari believes investors need […]