Weekend Stock Market Outlook

Stock Market Outlook entering the Week of December 22nd = Uptrend

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


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of December 15th = Uptrend

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


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of December 8th = Uptrend

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


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of December 1st = Uptrend

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

Technical analysis of daily SPX prices

2019-12-01 – SPX Trendline Analysis – Daily

Technical analysis of weekly SPX prices

2019-12-01 – SPX Trendline Analysis – Weekly

Happy Thanksgiving Everyone!


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of November 24th = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Uptrend
    • Objective Elliott Wave Analysis: 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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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of November 17th = Uptrend

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

COMMENTARY
The stock market outlook remains in an uptrend, with price at an all time high and continued bullish price action in the ADX, price/volume and OEW signals.

In the daily view, the S&P500 looks a bit extended from support.  The ~3075 price level should act as the gatekeeper for any large decline.

Just like asymmetric warfare, one trade war tweet will override fundamental and technical research in the short-term, so risk manage accordingly!

More commentary after the jump…Stock Market Outlook – Week of November 17 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of November 10th = Uptrend

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

COMMENTARY
Uptrend signals across the board in this week’s stock market outlook; the the ADX, price/volume and OEW signals showing bullish price action.

More commentary after the jump…Stock Market Outlook – Week of November 10 2019

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