Stock Market Recap for
Index Trend Table
Index | % Chg | ADX | Long Term | Mid Term | Short Term | Signals | |
---|---|---|---|---|---|---|---|
Wilshire 5000 | -1.29% | Weak or Absent | Down | Down | Down | Cup with Handle, Fell Below 200 DMA | |
S&P 500 | -1.55% | Weak or Absent | Down | Down | Down | 180 Bearish Setup, Bollinger Band Squeeze, Cup with Handle, Fell Below 200 DMA | |
NASDAQ-100 | -0.47% | Weak or Absent | Up | Up | Up | Bollinger Band Squeeze, Cup with Handle, Stochastic Reached Overbought | |
Russell 2000 | -2.70% | Weak or Absent | Down | Down | Down | 180 Bearish Setup, Lower Bollinger Band Walk, Stochastic Reached Oversold | |
Dow | -1.21% | Weak or Absent | Down | Down | Down | NR7 |
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 |
---|---|---|
1669 | Lower Bollinger Band Walk | Weakness |
852 | 180 Bearish Setup | Bearish Swing Setup |
839 | Volume Surge | Other |
617 | New 52 Week Closing Low | Bearish |
498 | Stochastic Reached Oversold | Weakness |
Unusually Active Signals for the Day
% Above Normal | Alert | Type |
---|---|---|
464 | 180 Bearish Setup | Bearish Swing Setup |
165 | NR7 | Range Contraction |
143 | Volume Surge | Other |
93 | Boomer Sell Setup | Bearish Swing Setup |
74 | New 52 Week Closing Low | Bearish |
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
The chop continues and just like that everything in the trend table is red except for the all green NASDAQ 100. I'm really starting to doubt if this hide-out-in-big-cap-tech trend is going to end well.
The "% of Stocks Above Their 50-Day Moving Averages" made another new 2023 low and that's definitely got my attention. I think the quickest way out of this choppy environment would be a selling crescendo that takes that indicator down to 10% or lower.
The "% of Stocks Above Their 50-Day Moving Averages" made another new 2023 low and that's definitely got my attention. I think the quickest way out of this choppy environment would be a selling crescendo that takes that indicator down to 10% or lower.
S
SwingTradeBot over 1 year ago
What are your thoughts on 'today's (2023-03-17) market action?
View full discussion...
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