Stock Market Outlook entering the Week of October 27th = Uptrend
- ADX Directional Indicators: Uptrend
- Price & Volume Action: Mixed
- Objective Elliott Wave Analysis: Uptrend
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