Weekend Stock Market Outlook

Stock Market Outlook entering the Week of December 29th = Uptrend

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

The stock market outlook remains in an uptrend.

Technical analysis of daily SPX prices

2019-12-29 – SPX Trendline Analysis – Daily

Price looks a bit extended; eerily similar to the start of 2018. So it wouldn’t be surprising if the S&P encountered some kind of sell-off soon.

Technical analysis of weekly SPX prices

2019-12-29 – SPX Trendline Analysis – Weekly

Happy New Year!

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