Dave Johnson's Chart Signals

................................................Technical Analysis Focused on Price Action Setups, Trade What You See, Follow Your Rules, Plan the Trade, Trade the Plan, Don't Force the Trade Concepts...Price Action Plus Momentum...©

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Tuesday, August 5, 2025

Monday's Bounce in SPX, NDX Pauses on Tuesday...Materials, Real Estate, Energy Led Sectors...After-hours: UPST, AMD, SMCI Down on Negative EPS Reaction...

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© 2025 SPX -30.75, 6,299, opened higher and closed lower for the sixth time in seven trading days.    SPX pulled back to Monday’s S1 level...
Monday, August 4, 2025

NDX, SPX Reverse Friday's Selloff, Close above Low Day in Bull Flag Bounce...Technology, Communication Services, Utilities Led Sectors...

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© 2025 SPX +91.93, 6,329, gapped this morning and reversed Friday’s selloff in a bull flag bounce.  Breadth strengthened significantly on M...
Friday, August 1, 2025

A Busy Day and Week Ends Lower...SPX, NDX Close Lower after AAPL, AMZN EPS...Breadth Weakens...Communication Services, Utilities and Industrials Led Sectors...

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© 2025 SPX -101.38, 6,238, gapped lower after futures fell Thursday following earnings reactions from AMZN and AAPL , and more tariff comm...
Thursday, July 31, 2025

SPX, NDX Opened at New High, Formed Bearish Engulfing Candle, Closed Lower...META, MSFT Gap Higher on Strong EPS...After-hours: AAPL Higher, AMZN Lower...

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© 2025 SPX -23.51, 6,339, gapped higher after better-than-expected EPS form META and MSFT , lower than forecast Y/Y PCE 2.3% vs 2.5% expe...
Wednesday, July 30, 2025

ES and NQ Futures Rise on Strong EPS Reactions from META +11%, MSFT +8%...Fed Leaves Rates Unchanged...Utilities, Communication Services, Technology Led Sectors...

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  © 2025 SPX -7.96, 6,362, opened higher, traded in a range, closed slightly lower.  Below average volume until the FOMC press conference a...
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Dave Johnson, CMT

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Dave Johnson
David Johnson, CMT Investment professional for 40 years including analyst, portfolio manager, trader and trading instructor. Performing computer based technical analysis since 1990. Previously quantitative and fundamental analysis. Has trained more than 40,000 traders in over 250 events including two and four day training events. Email: chartsignals@yahoo.com
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