Stock Market Recap for
Index Trend Table
Index | % Chg | ADX | Long Term | Mid Term | Short Term | Signals | |
---|---|---|---|---|---|---|---|
Wilshire 5000 | 1.73% | Weak or Absent | Flat | Down | Flat | Crossed Above 200 DMA, Cup with Handle | |
S&P 500 | 1.75% | Weak or Absent | Up | Down | Flat | Crossed Above 200 DMA, Cup with Handle | |
NASDAQ-100 | 2.64% | Weak or Absent | Up | Up | Up | Bollinger Band Squeeze, Cup with Handle, MACD Bullish Signal Line Cross | |
Russell 2000 | 1.37% | Weak or Absent | Down | Down | Down | Cup with Handle, Lower Bollinger Band Walk, Slingshot Bearish | |
Dow | 1.16% | Weak or Absent | Flat | Down | Down | 200 DMA Resistance, Cup with Handle, Slingshot Bearish |
Key Indicators
% of Stocks Above Their 50-Day Moving Averages*
* The market becomes oversold in the mid-to-low 20s. See more...Top 5 Technical Signals for the Day*
* Excluding range contraction signals.
Count | Alert | Type |
---|---|---|
1975 | Lower Bollinger Band Walk | Weakness |
637 | Slingshot Bearish | Bearish Swing Setup |
503 | Pocket Pivot | Bullish Swing Setup |
461 | Bullish Engulfing | Bullish |
383 | Cup with Handle | Other |
Unusually Active Signals for the Day
% Above Normal | Alert | Type |
---|---|---|
460 | Bullish Engulfing | Bullish |
395 | Slingshot Bearish | Bearish Swing Setup |
143 | Crossed Above 200 DMA | Bullish |
123 | Expansion Pivot Buy Setup | Bullish Swing Setup |
106 | Lower Bollinger Band Walk | Weakness |
Unusually Active Stocks
Stocks with the Most Bullish Signals Today*
* 'Most', as in 'largest number of' not necessarily the most likely to move higher.
Stocks with the Most Bearish Signals Today*
* 'Most', as in 'largest number of' not necessarily the most likely to move lower.
T
TraderMike over 1 year ago
Suddenly there's a lot less red in the trend table. VTI & SPY reclaimed their 200 DMAs while the Dow attempted the same but didn't quite break through. The small caps (IWM / Russell 2000) are lagging while large cap tech cruises along unbothered by all the drama in the financial stocks.
One thing that got my attention is that Bullish Engulfing is the #1 "Unusually Active Signal for the Day". There are some really interesting charts in that scan today as many of those stocks are at or near their lower Bollinger Band... .. a bottom fisher's delight.
One thing that got my attention is that Bullish Engulfing is the #1 "Unusually Active Signal for the Day". There are some really interesting charts in that scan today as many of those stocks are at or near their lower Bollinger Band... .. a bottom fisher's delight.
S
SwingTradeBot over 1 year ago
What are your thoughts on 'today's (2023-03-16) market action?
View full discussion...
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