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

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

COMMENTARY
The stock market outlook remains in an uptrend.

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.

2019-12-29 – SPX Trendline Analysis – Weekly

Happy New Year!