Closing just below high point of the week at 4169, the S&P 500 closed at the same level as last week’s high. Capital Weighted Dollar weekly volume was slightly above average, as were capital inflows of $49 billion versus outflows of $43 billion. After testing support earlier in the week, the Advance-Decline Line also ended […]
With looming resistance @ 4200, the rally in the S&P 500 paused this past week. After heading higher Monday and Tuesday, the S&P 500 ended slightly down for the week. Capital Inflows trailed Capital Outflows $29.4 Billion to $37.3 Billion on below-average volume. The Advance-Decline Line also fell, but more stocks made new 52-week highs […]
The battle for 4000 is on. The bulls, led by the generals, are gaining steam. Last week’s edition of Volume Analysis weekly stated, “Overall, capital is moving back into the market. However, the inflows are concentrated amongst the large caps and specific sectors, not the broad market. The return of capital to the growth sectors […]
WRITTEN BY: CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ S&P 500 3900 support was tested twice last week (3903,3906) and held. This action illustrates the bulls are providing strong support @ the SPX 500 3900 index battleline. Meanwhile, S&P 500 Capital Weighted Volume is also holding it corresponding support @331. S&P 500 resistance resides at the former […]
CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ In review, two weeks ago 8/15 we noted capital weighted volume was meeting critical resistance and the outcome of this battleline could determine the near and intermediate state of the market by stating “Capital Weighted Volume is also on the cusp of breaking resistance….Overall, price and volume are at […]
CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ In previous commentary, we discussed this overbought market may be closing in on heavy resistance. This past week the market and our leading indicators all turned lower. Most noteworthy, Capital Weighted Volume, which was on the cusp of breaking into bullish territory, hit resistance and sold-off. Our thesis view […]
CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ We are closing in on ground zero in meeting critical resistance of the broad market. Closing last week @ 4280, S&P 500 resistance presently resides @ approximately 4300, rising approximately 7 points per week. Additionally, Capital Weighted Volume is also on the cusp of breaking resistance. Should capital weighted […]
CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ The broad markets have continued to rapidly improve since the VPCI V capitulation bottom June 21st. Capital flows have lagged in the recovery, but the volume has been decent. Capital Weighted volume is now itching close to becoming an uptrend. However, capital weighed dollar volume (capital flows) continues to […]
The Volume Factor Risk Overlay Garners Recognition for Best Specialist Product Research (Chicago, IL) June 28, 2022 – Kingsview Partners announced today that Kingsview Investment Management’s Chief Technical Analyst Buff Dormeier, CMT (Fort Wayne, IN), is again garnering accolades. Dormeier’s Volume Factor Risk Overlay was named winner of The Technical Analyst’s 2022 “Best Specialist Product Research Award.” The Volume Factor […]
Click here to download PDF version CHIEF TECHNICAL ANALYST, BUFF DORMEIER, CMTⓇ In this edition of Volume Analysis, we’re taking a sidebar from our usual discussion around capital market flows to focus on Federal Reserve policy and the bond markets. As a Chartered Market Technician, I focus on investors’ behaviors and how those behaviors interrelate […]