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| Weekly chart of S&P 500 index |
S&P 500 index broke above resistance at 2450 this week in weekly chart with momentum indicator reverse the downward direction. We will see if the index can stay above 2450 and resume its trend up in the next few weeks.
Weekly stock market commentary and momentum rankings of ETFs and mutual funds.
Fund Rankings Update, 7/14/2017
Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted in "Rankings", "Trading Logs" pages, and http://ycprankings.awardspace.us/RankingTables.htm.
Major indices reached new high while NASDAQ yielded the best results this week. For the week, S&P 500 index closed at 2459, up 1.41%, Dow Jones Industrial Average gained 1.04% and NASDAQ composite index increased 2.59%.
S&P 500 index broke above resistance at 2450 this week in weekly chart with momentum indicator reverse the downward direction. We will see if the index can stay above 2450 and resume its trend up in the next few weeks.
S&P 500 index broke above resistance at 2450 this week in weekly chart with momentum indicator reverse the downward direction. We will see if the index can stay above 2450 and resume its trend up in the next few weeks.
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