PivotBoss Report for 01/23/12

January 23, 2012 in PivotBoss Report

The S&P 400 Index ($MID) is holding above a long term resistance level for the first time in nearly six months, which could pave the way for more strength ahead. Today’s intraday price action could introduce a nice surprise, as well. Here’s why…

PivotBoss Report for 01/20/12

January 20, 2012 in PivotBoss Report

Now that the Dow has finally gotten a solid breakout from the 2-week trading range that we’ve been following, we’re likely to see more price discovery above. Here’s the target to watch for.

PivotBoss Report for 01/19/12

January 19, 2012 in Pivot Analysis

The S&P 500 got the upside break from the massive triangle pattern and looks poised for continued strength. These are the levels the index needs to hold in order to continue higher.

PivotBoss Report for 01/18/12

January 18, 2012 in PivotBoss Report

The Russell 2000 Index ($RUT) tested the all-important fulcrum yesterday and was swiftly rejected. The market is clearly dipping its toe in the water and is now gearing up for the next key move in this index. These are the levels to watch.

PivotBoss Report for 01/17/12

January 15, 2012 in PivotBoss Report

The Dow Jones Industrial Average ($DJI) has traded within a relatively meager 200-point range throughout much of the first two weeks of 2012. However, this small range could spark the next major breakout opportunity ahead. Here are the key levels to watch this week..