Although the S&P 500 was up slightly for the week (0.79%), S&P 500 Capital-Weighted Inflows took a breather from their massive surge in March. Capital Weighted Outflows outpaced Inflows $41.25 Billion to $31.3 Billion. Market breadth was up for the week, indicating liquidity may be positively trending. The next resistance point on the SPX is […]
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 […]
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 […]