Stock Market Outlook entering the Week of January 5th = Uptrend
COMMENTARY
Happy New Year! The stock market outlook kicks off the new year and decade off in an uptrend. The ADX directional indicators are bullish, price/volume is bullish, and OEW was/is bullish.
More commentary after the jump…Stock Market Outlook – Week of January 05 2020
Stock Market Outlook entering the Week of December 29th = 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!
Stock Market Outlook entering the Week of December 22nd = Uptrend
COMMENTARY
The stock market outlook remains in an uptrend. The ADX shows a strong bullish trend in place, price and volume shows a good environment for equities, and OEW’s 3300 price target continues to draw closer.
More commentary after the jump…Stock Market Outlook – Week of December 22 2019
Happy Holidays!
Stock Market Outlook entering the Week of December 15th = Uptrend
COMMENTARY
No change in the stock market outlook; the uptrend remains in place.
There was no shortage of market moving headlines that could have impacted market prices, but the end result was a 0.73% gain for the week.
More commentary after the jump…Stock Market Outlook – Week of December 15 2019
Stock Market Outlook entering the Week of December 8th = Uptrend
COMMENTARY
An uptrend continues for this week’s stock market outlook, with positive signals from the ADX, price/volume, and OEW.
That’s not to say last week wasn’t without some excitement; the early week sell-off was enough to flip the ADX. But Wednesday’s gap up made quick work of that change.
More commentary after the jump…Stock Market Outlook – Week of December 08 2019
Stock Market Outlook entering the Week of December 1st = Uptrend
COMMENTARY
The stock market outlook uptrend continues, with corresponding signals from ADX and price/volume. OEW did not report this week due to the holiday.
2019-12-01 – SPX Trendline Analysis – Daily
2019-12-01 – SPX Trendline Analysis – Weekly
Happy Thanksgiving Everyone!
Stock Market Outlook entering the Week of November 24th = Uptrend
COMMENTARY
The stock market outlook uptrend continues, with corresponding signals from ADX, price/volume and OEW.
More commentary after the jump…Stock Market Outlook – Week of November 24 2019
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