Monthly Archives: May 2019

Stock Market Outlook entering the Week of May 26th = Downtrend ADX Directional Indicators: Downtrend Price & Volume Action: Downtrend Objective Elliott Wave Analysis: Downtrend COMMENTARY A holiday shortened week ahead, as U.S. markets closed Monday in observance of Memorial … Continue reading →

Stock Market Outlook entering the Week of May 19th = Downtrend ADX Directional Indicators: Downtrend Price & Volume Action: Downtrend Objective Elliott Wave Analysis: Downtrend COMMENTARY All the major indexes (S&P, NASDAQ, DJIA, NYSE, R2K) recovered some ground last week, … Continue reading →

Stock Market Outlook entering the Week of May 12th = Downtrend ADX Directional Indicators: Downtrend Price & Volume Action: Uptrend Objective Elliott Wave Analysis: Downtrend COMMENTARY The overall signal switched to a downtrend during last week.  The ADX turned negative … Continue reading →

Stock Market Outlook entering the Week of May 5th = Uptrend ADX Directional Indicators: Uptrend Price & Volume Action: Uptrend Objective Elliott Wave Analysis: Uptrend COMMENTARY No change in the signals to start the first full week of May.  The … Continue reading →