Weekend Stock Market Outlook

Stock Market Outlook entering the Week of October 27th = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend

COMMENTARY
The stock market outlook keeps an uptrend rating heading into this week.

The ADX show bullish price action, and OEW remains in an uptrend. Price and volume remains mixed.

If you’re looking at individual stocks, watch those earning reports! I’m seeing a lot of volatility when stocks with strong fundamentals report. You know how frustrating it is to see a stock hit trip your sell signal, only to rally back strongly in the next day or two!

More commentary after the jump…Stock Market Outlook – Week of October 27 2019


This entry was posted in Historical Data, Market Trends, Other Blogs and tagged , , , , . Bookmark the permalink.

1 Response to Weekend Stock Market Outlook

  1. shmeiso says:

    Nice work.

    Thank you …. in line with our analysis using flags and setpoints.

    In trading I am at the moment using the ^AEX as it is less “leverages” and more smoothed to sudden swings as the “Breaking News” is smoothed out (nowadays mainly US-driven News)

    Also a 2-hr coaching website helps to challenge my thaughts.
    eg http://www.adnbeursanalyse.nl/Slotanalyses/dag/aex.html.

    Do you also make or know a “2-hr daily Stock Market Outlook”?
    Thx to let me know or to share some interesting links.

    Grts
    Johan

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