Tag Archives: elliott wave theory

Market Outlook entering the Week of August 31st = Uptrend Short-term (20 DMA): Uptrend At the end of the week, all major averages closed above their 20-day moving averages. Intermediate (50 DMA): Uptrend All the major stock market averages remained … Continue reading →

Market Outlook for the Week of August 24th = Uptrend Short-term (20 DMA): Uptrend At the end of the week, all major averages closed above their 20-day moving averages. Intermediate (50 DMA): Uptrend All the major stock market averages ended … Continue reading →

Market Outlook for the Week of August 17th = Uptrend in search of support Short-term (20 DMA): Last week, all major averages closed above their 20-day moving averages, with the exception of the Dow Jones Industrial’s (DJIA) which closed 10 … Continue reading →

Market Outlook for the Week of August 10th = Downtrend in search of support Short-term (20 DMA): All major averages remain below their 20-day moving averages. Intermediate (50 DMA): All the major averages remained below their 50-day moving averages.  Tony’s … Continue reading →

Market Outlook for the Week of August 3rd = Downtrend underway, in search of support Short-term (20 DMA): All major averages failed to find support at their 20-day moving averages. Intermediate (50 DMA): All the major averages ended the week … Continue reading →

Market Outlook for the Week of July 27th = Searching for Direction Short-term (20 DMA): The major averages continue to test their 20-day moving averages. The uptrend is still under selling pressure. Intermediate (50 DMA): Although the 3 major averages … Continue reading →

Originally posted on the ELLIOTT WAVE lives on:
REVIEW Last week we had four gap openings, three to the downside, and the market traded to SPX 1953 on Thursday before ending the week at 1968. This week we had four…