Monthly Archives: August 2017

Stock Market Outlook entering the Week of August 27th= Downtrend 20/50 Day Moving Averages: Downtrend Price & Volume Action: Downtrend Objective Elliott Wave Analysis: Downtrend COMMENTARY A strong showing last Tuesday put stock indexes above their 50 day moving averages, but … Continue reading →

Stock Market Outlook entering the Week of August 20th= Downtrend 20/50 Day Moving Averages: Downtrend Price & Volume Action: Downtrend Objective Elliott Wave Analysis: Downtrend COMMENTARY As expected, the markets bounced back early last week, but trading volume was lacking.  Prices retreated … Continue reading →

Stock Market Outlook entering the Week of August 13th = Downtrend 20/50 Day Moving Averages: Downtrend Price & Volume Action: Downtrend Objective Elliott Wave Analysis: Uptrend COMMENTARY With all the indexes below key moving averages and high levels of institutional selling (in … Continue reading →

Stock Market Outlook entering the Week of August 6th = Uptrend 20/50 Day Moving Averages: Uptrend Price & Volume Action: Uptrend Objective Elliott Wave Analysis: Uptrend COMMENTARY A strange week:  The DJIA sits at all time highs, the S&P500 moved sideways, the … Continue reading →