Declan Fallon's Comment & Analysis
A complete archive of Declan Fallon's articles, including current analysis & comment - Page 23
For a change it wasn't the Russell 2000 taking the bear market highlight report, but the S&P 500 and Nasdaq instead.It was always going to be hard for indexes trading near prior swing lows to hang...
At this stage, only weekly time frames are important as we track "Crash Watch". It's a tricky situation as the S&P 500 and Nasdaq don't look vulnerable, but the Russell 2000 (IWM) is really...
I'll leave the chat on the daily time frames for later this week, but last Friday's damage has left markets struggling on a weekly time frame. It's not all doom and gloom, but come this week's Friday,...
A triple whammy for indexes and one where bears took all the plaudits. The Russell 2000 (IWM) experienced an ugly distribution day that drove through the prior spike low. We now have a crash...
It hasn't been pretty, but it has been effective as both the Nasdaq and S&P have so far managed to defend the breakouts from their September lows. Although price has done the business,...
It was a tricky Friday last week for the Russell 2000 (IWM) as the index experienced additional losses to take it on the verge of a new low for the decline initiated in July.The MACD is still holding...
The Russell 2000 (IWM) is the canary in the coal mine for markets and yesterday's action is not great news for the S&P 500 and Nasdaq, despite the latter indexes doing 'okay' yesterday. Selling...
It's early days, but indexes are working towards swing lows to help start rallies off last week's lows. The Nasdaq took out the swing high from last week and its 20-day MA, but was repelled from its...
Yesterday was a slam dunk day for the bears as whatever support, such as the retention of 4,325 in the S&P 500, was sliced apart. We are now looking at measured move targets for the Russell 2000...
While the Russell 2000 has recovered from breaks of its 200-week MA before, every such test (and break) of the moving average increases the chance of a flip from a level of support to...