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Stocks opened lower on Tuesday but after an early battle, the bulls were able to push the large cap indices into the green and hang onto some small gains into the close. The Dow ended the up 39-points but small caps closed just south of even.

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Stocks opened flat on Monday but quickly sold off and before long the Dow was down 145-points. By about noon ET the bleeding stopped and stocks caught a bid and closed fairly strongly, although still in negative territory. The Dow closed down 13-points with more moderate losses in the S&P and Nasdaq, while small caps struggled.

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Stocks chopped around in a fairly tight range on Friday but a late decline pushed the indices to their lows of the day setting up a negative reversal day on some of the charts. Small caps actually closed with a gain but the Dow lost 65-points on the day and it turned to be the first negative Month for the Dow since October.
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Since testing and bouncing off an important line of support the previous week, the S&P 500 is fast approaching a declining line of resistance.



We can see that price pulled back a bit on Friday, just shy of testing that line of resistance. Since peaking at the beginning of March, price has stair-stepped lower as we enter April. Overall though, price is not all that far from its peak and the longer term remains bullish as price remains above ...

Stocks were up this week saving March from being a total disappointing month for stocks. This push by the bulls on the last week of this month put the C-fund into positive territory and gave the S-fund an impressive comeback to fall just short of an even return for March. In the end March was good for stocks; the establishment and successful testing of key technical support lines gave the indices some stability as we move forward. Talks of tax reform policies as well as the upcoming earnings season ...