By Lawrence G. McMillanStocks continue to fall, as the downtrend that began at the end of July persists (red lines on the chart in Figure 1). New relative lows were made again this week, so the...
By Lawrence G. McMillanThe $SPX Index broke down through 4330 a week ago (Friday, September 22nd), tried to rally back above it for one more day and then gave way to a sharp selloff. Thus, 4330 was...
By Lawrence G. McMillanThis article was originally published in The Option Strategist Newsletter Volume 15, No. 13 on July 13, 2006. Whether or not the current market decline develops...
By Lawrence G. McMillanTechnically, $SPX is still within the 4330-4540 trading range, but it is now probing the low end of that range. Prices and internal indicators were deteriorating slowly until...
By Lawrence G. McMillanJoin Larry McMillan as he discusses the current state of the stock market on September 18, 2023.Click here to view this week's charts »This Market Commentary is an abbreviated...
By Lawrence G. McMillanThe week after September expiration (i.e., the week after the third Friday of September) is historically a very negative week for the market. In fact, last year, that week saw...
By Lawrence G. McMillanThe market is still struggling to find direction, as it remains mired in a narrowing trading range. The "outside" parameters are support at 4330 and resistance at 4540. I...