#technical analysis techniques

Stock Market Outlook: April 26th = Uptrend The stock market outlook continues to show an uptrend with equities consolidating near all time highs. Oil, Technology, and Momentum outperformed; Gold, Healthcare, High Dividend, and Defensives underperformed.  Earnings reports have exceeded expectations so far, and this week’s line-up could have an outsized impact. TREND ANALYSIS The S&P500 ( $SPX )…

Stock Market Outlook: June 7th = Uptrend Despite Friday’s sell-off, the stock market outlook remains in an uptrend. Oil, Energy, and Low Beta outperformed; Bitcoin, Technology, and High Beta underperformed.  Capital flowed out of the AI-trade on Friday, but employment, inflation and earnings growth continue to support asset prices. TREND ANALYSIS The S&P500 ( $SPX ) fell 2.6% last week.  The…

Stock Market Outlook entering the Week of March 16th = Downtrend ADX Directional Indicators: Downtrend Institutional Activity (Price & Volume): Downtrend On Balance Volume Indicator: Downtrend ANALYSIS The stock market outlook remains in a downtrend after another failed rally attempt. The S&P500 ( $SPX ) fell 3.1% last week and tested the 200 day moving average.  The index is ~5% below the…

Stock Market Outlook entering the Week of December 8th = Uptrend ADX Directional Indicators: Uptrend On Balance Volume Indicator: Uptrend Institutional Activity (Price & Volume): Uptrend ANALYSIS The stock market outlook remains in an uptrend as investors look forward to the annual “Santa Claus rally”. The S&P500 ( $SPX ) rose 1.5%.  The index sits ~4% above the 50-day moving average and ~11%…

Stock Market Outlook entering the Week of January 12th= Downtrend ADX Directional Indicators: Downtrend Institutional Activity (Price & Volume): Downtrend On Balance Volume Indicator: Uptrend ANALYSIS The stock market outlook shifts to a downtrend, after failing to recover the 50-day moving average and making lower lows on higher trading volume. The S&P500 ( $SPX ) dropped 1.9% last week.  The…

Stock Market Outlook entering the Week of September 8th = Downtrend ADX Directional Indicators: Downtrend On Balance Volume Indicator: Mixed Institutional Activity (Price & Volume): Downtrend ANALYSIS The stock market outlook entered a downtrend last week, after encountering heavy selling pressure throughout the week. The S&P500 ($SPX) fell 4.2% last week (oof!).  The index sits ~2% below the…

Stock Market Outlook entering the Week of February 11th = Uptrend ADX Directional Indicators: Uptrend Price & Volume Signals: Uptrend ANALYSIS The stock market outlook shows an uptrend in place, as U.S. equities continue notching all time highs. The S&P500 ($SPX) gained 1.4% last week (again).  The index sits ~5% above the 50-day moving average, and 12% above the 200-day moving average.  Since…

Stock Market Outlook entering the Week of May 19th = Uptrend ADX Directional Indicators: Uptrend Price & Volume Signals: Uptrend On Balance Volume Indicator: Uptrend ANALYSIS The stock market outlook starts the week in an uptrend, with the index just shy of an all time high, thanks to lower than expected CPI data. The S&P500 ($SPX) rose 1.5% last week and now sits above the 50 and 200-day…