Tag Archives: elliott wave theory

Market Outlook entering the Week of June 7th = Mixed MOVING AVERAGES Short-term (20 DMA): Downtrend 3 of 5 major stock market averages remained below their 20-day moving averages.  Only the NASDAQ and Russell 2000 remained above this level. Intermediate … Continue reading →

Market Outlook entering the Week of May 31st = Mixed MOVING AVERAGES Short-term (20 DMA): Sell Signal 3 of 5 major stock market averages fell below their 20-day moving averages.  Only the NASDAQ and Russell 2000 remained above this level. … Continue reading →

Market Outlook entering the Week of May 24th = Uptrend MOVING AVERAGES Short-term (20 DMA): Uptrend All the major stock market averages remained above their 20-day moving averages. Intermediate (50 DMA): Uptrend All the major averages rose/remained above their 50-day moving averages. … Continue reading →

Market Outlook entering the Week of May 17th = Uptrend MOVING AVERAGES Short-term (20 DMA): Buy Signal All the major stock market averages ended the week above their 20-day moving averages. Intermediate (50 DMA): Uptrend Except for the Russell 2000, all … Continue reading →

Market Outlook entering the Week of May 10th = Mixed MOVING AVERAGES Short-term (20 DMA): Buy Signal Except for the Russell 2000, all the major stock market averages ended the week above their 20-day moving averages. Intermediate (50 DMA): Buy Signal Except for … Continue reading →

Market Outlook entering the Week of May 3rd = Mixed MOVING AVERAGES Short-term (20 DMA): Mixed All the major stock market averages fell below their 20-day moving averages last week.  All but the Russell 2000 were able to recover. Intermediate … Continue reading →

Market Outlook entering the Week of April 26th = Uptrend MOVING AVERAGES Short-term (20 DMA): Buy Signal The major stock market averages rose above their 20-day moving averages. Intermediate (50 DMA): Buy Signal All the major averages remained or rose … Continue reading →