CEM News - Market Outlook (the technical analysis of financial markets) for August 11, 2010: “…We’ve noted in our August 3 Market Outlook that: “given that the S&P 500 index is now entering the overbought territory after Monday’s massive rally, our technical bias is that for the near term, some consolidations will unfold…” As expected, the S&P was bouncing back and forth within the narrow (20 points) trading range as the market digests the short-term overbought condition. From a technical perspective, the action is…” Subscribers, please login to read the rest.

CEM News - Market Outlook (the technical analysis of financial markets) for August 2, 2010: “…a milestone in Friday’s trading session was a successful test of the important sentiment 1100 level. As shown, for a second time last week, the S&P dropped below that level intraday and then regained all the early losses during the late-day rally. This is bullish from a technical perspective, suggesting that…” Subscribers, please login to read the rest.

CEM News - Market Outlook (the technical analysis of financial markets) for June 22, 2010: “…Yesterday we said that: “most of the downtrend is done and that the index is switching from aggressively bearish to sideways trend. Additionally, Money Flow measure had also trended higher, indicating that selling pressure has been easing. So it wouldn’t surprise us to see the S&P gets near 1133 or so.” As anticipated, the S&P broke out from the 3-day narrow trading range and traded as high as 1131.23 before pulled back and settle near the unchanged mark. The action is not very encouraging from a technical perspective. In fact, in accordance to the Japanese candlestick pattern recognition, Monday’s bearish engulfing bar is a…” Subscribers, please login to read the rest.

CEM News - Market Outlook (the technical analysis of financial markets) for April 30, 2010: “…the S&P has rallied directly into key resistance at the area of Tuesday’s bearish downside gap, about 1211, after an initial dip into the 1180 area was met with a new wave of buying interest. This is a short-term positive. Additionally, Money Flow measure has also trending up from above the zero line, signals accumulation. This is bullish because it’ telling us that…” Subscribers, please login to read the rest.

CEM News - Market Outlook (the technical analysis of financial markets) for January 21, 2010: “…the S&P has been bouncing back and forth, between the 1130 and 1150 levels over the past couple of weeks. In fact, current trading action is very similar to that of November 2009, as the index struggled to get through the important 1110 level. Money Flow measure had been trending lower following recent decline but still holds above the zero line. So there is a greater than average odds that…” Subscribers, please login to read the rest.