Major Equity Indices Take It On The Chin Last Week, But Bulls Did Show Up In Last Session Defending Moving-Average Support

posted in: Credit, Economy, Equities, Technicals | 0

The major US equity indices came under decent pressure last week, although bids showed up Friday near the 50-day moving average. Buyers otherwise were missing in action overlooking the much-better-than-expected 3Q25 earnings season. Between the October 29th all-time high of … Continued

Major Equity Indices Draw Sellers At Technical Resistance, Even As Options Market Reflects Intense Bullish Optimism

posted in: Derivatives, Equities, Technicals | 0

Equity bulls are struggling at resistance. Last Friday’s news of consumers’ heightened inflation expectations for the next year was used as an opportunity to lighten up at/near resistance. This is taking place at a time when bullish optimism remains high … Continued