Stock Market Recap for
Index Trend Table
Index | % Chg | ADX | Long Term | Mid Term | Short Term | Signals | |
---|---|---|---|---|---|---|---|
Wilshire 5000 | -0.42% | Weak or Absent | Up | Up | Flat | Cup with Handle | |
S&P 500 | -0.41% | Weak or Absent | Up | Up | Flat | Cup with Handle, Stochastic Sell Signal | |
NASDAQ-100 | -0.88% | Strong | Up | Up | Down | Cup with Handle, MACD Bearish Signal Line Cross | |
Russell 2000 | -0.73% | Weak or Absent | Down | Down | Flat | Bollinger Band Squeeze, Cup with Handle | |
Dow | -0.09% | Weak or Absent | Up | Up | Up | Stochastic Sell Signal |
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 |
---|---|---|
547 | Upper Bollinger Band Walk | Strength |
533 | 20 DMA Resistance | Bearish |
471 | Fell Below 20 DMA | Bearish |
453 | Pocket Pivot | Bullish Swing Setup |
409 | Bearish Engulfing | Bearish |
Unusually Active Signals for the Day
% Above Normal | Alert | Type |
---|---|---|
602 | Gilligan's Island Sell Setup | Bearish Swing Setup |
425 | Bearish Engulfing | Bearish |
414 | Evening Star | Bearish |
175 | Expansion Pivot Sell Setup | Bearish Swing Setup |
144 | Reversal New Lows Setup | Bearish Swing Setup |
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.
S
SwingScalp over 1 year ago
Bears seemed to be gaining the upper hand into the close, especially putting pressure on some Consumer and Tech stocks. I'm seeing lots of good looking Bearish signals for tomorrow using SwingTradeBot (such as stocks falling below their lower Bollinger Band and expansion breakdowns) so will be interesting to see if we'll get some selling pressure follow-through and lower prices.
T
TraderMike over 1 year ago
It's hard to get follow-through in this choppy market. It's making me want to switch to day trading.
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SwingScalp over 1 year ago
I'm finding the volatility is fine for scalping and some swings intraday. I split my asset allocation into three different accounts. Campaigns for high-conviction investments that I intend to hold for years. Investments that would be holds for weeks to months to quarters. Intraday for scalps/swings. My expectancy is best for Intraday trading.
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SwingTradeBot over 1 year ago
What are your thoughts on 'today's (2023-04-12) market action?
View full discussion...
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