By Lawrence G. McMillanOn November 13th, $SPX closed above 4402 for the second of two consecutive days, which was enough to dictate a bullish stance since it was an upside breakout over resistance...
By Lawrence G. McMillanThe big rally that took place the week of October 30th saw $SPX rise from the lower downtrend line of its current bearish phase to the upper downtrend line. That rally was...
By Lawrence G. McMillanStocks did an abrupt about face this week and have rallied strongly every day. At first, this rally was propelled by some strong oversold conditions and the fact that $SPX had...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter on November 16, 2018. Several times, we have mentioned the fact that in a bear market,...
By Lawrence G. McMillanThe dominating feature of the $SPX chart is the downtrend. Lower highs and lower lows: that's all you really need to be aware of. Don't overthink it. New lows were made again...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 20, No. 20 on October 28, 2011. Once again, it appears that October has become...