(Photo by Scott Olson) Getty Images Costco Wholesale COST traded as low as $406.51 on May 20 then rebounded to $474.88 on Friday, May 27, but could not hold its annual pivot at $471.70. Costco sales b...
Tag: annual pivot
No Value Levels Increases The Downside Risk For The S&P 500
(Photo by Bryan R. Smith / AFP) AFP via Getty Images The S&P 500 Index (SPX) failed to hold its annual pivot at 4,383 at the open on April 22, which I viewed as a sell signal. New 2022 lows are be...
S&P 500 Must End The Week Above This Annual Pivot Level To Avoid Having A Negative Chart
(Photo Illustration by Omar Marques) SOPA Images/LightRocket via Getty Images The S&P 500 Index (SPX) traded as low as 4,370 on April 18 but closed above its annual pivot at 4,383. The index trade...