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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.


...If the dots don't connect, gather more dots until they do...


U.S. Government Shutdown Now In Effect


* Wed. Jan. 31 @ 2:00 pm ET ~ FOMC Announcement
* Fri. Feb. 2 @ 8:30 am ET ~ Employment Data
* Mon. Feb. 19 ~ U.S. markets closed for Presidents Day Holiday
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* Wed. Mar. 7 @ 2:00 pm ET ~ Beige Book Report
* Tues. March 20 ~ 2-day FOMC Meeting Begins
* Wed. March 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
*** Click here for link to Economic Calendars for all upcoming events

Wednesday, January 03, 2018

"Big Round Numbers" List: Two Down...One To Go

* See UPDATE below...

Further to my post of December 18, the S&P 500 Index hit 2700 today, making the "Big Round Numbers" list (the Nasdaq Composite Index hit 7000 that day and is trading well above today).

We're still waiting for the Dow 30 Index to hit 25,000, but it's well within striking distance...only 124 points to go (see Monthly charts below).

* UPDATE January 4 @ 12:00 noon ET...

The Dow 30 Index hit 25,000 today, as the S&P 500 and Nasdaq Composite Indices extended their rally above their Big Round Numbers, as shown on the following Daily charts.

We'll see if this breakout above December's consolidation zone lasts.

Meanwhile, volatility remains near record-level lows, as shown on the following Monthly chart of the VIX...

...and this year's breakout outpaces volatility, as shown on the following Daily ratio chart of SPX:VIX.