Stock Market Outlook entering the Week of January 12th = Uptrend
- ADX Directional Indicators: Uptrend
- Price & Volume Action: Uptrend
- Objective Elliott Wave Analysis: Uptrend
The stock market outlook maintains an uptrend after its first full week of trading in 2020.
The market shook off a flurry of potentially market moving headlines last week, and experts see little risk of recession in 2020…even the yield curve data seems to back this up.
Seems like there’s a lot of complacency right now, no?
More commentary after the jump…Stock Market Outlook – Week of Week of January 12 2020