Stock Market Recap for

Index Trend Table

Index % Chg ADX Long Term Mid Term Short Term Signals
Wilshire 5000 0.30% Strong Up Up Up NR7, New 52 Week Closing High
S&P 500 0.19% Strong Up Up Up New 52 Week Closing High
NASDAQ-100 0.05% Strong Up Up Up Doji - Bearish?, NR7, Narrow Range Bar
Russell 2000 1.16% Strong Up Up Up MACD Bullish Signal Line Cross, New Uptrend
Dow 0.31% Strong Up Up Up NR7, New 52 Week Closing High

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
1025 Pocket Pivot Bullish Swing Setup
662 Upper Bollinger Band Walk Strength
533 Crossed Above 20 DMA Bullish
378 20 DMA Resistance Bearish
322 MACD Bullish Signal Line Cross Bullish

Unusually Active Signals for the Day

% Above Normal Alert Type
109 MACD Bullish Signal Line Cross Bullish
91 Parabolic Rise Strength
84 Expansion Pivot Buy Setup Bullish Swing Setup
77 Boomer Buy Setup Bullish Swing Setup
68 Slingshot Bearish Bearish Swing Setup

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*

Comments

T

TraderMike 11 months ago

It's been a long time since the Index Trend Table was solid green.  It turned so today due to IWM's ADX (which is a lagging indicator) flipping to "trending up strongly".  Typically the trend table being all green or all red is a sign of at least a short term extreme.  It wouldn't suprise me at all to see the market rest a bit in the next week or two.

0 Reply
C

Cos3 11 months ago

The seasonality of the "SPY ETF" shows that the last 10 years July finished green 80% of the times (with average of 2.4% return) wich is the best month of the year globally in probability.  August, is the opposite (finishing green 20% of the time @ -3.6% return).  Maybe there's specific sectors we should look for return on the next months.

0 Reply
T

TraderMike 11 months ago

Interesting.  Have you seen any sector specific seasonality stats?

0 Reply
C

Cos3 11 months ago

in fact i was using the stockcharts web site seasonality tool ( SPY | Seasonality | Free Charts | StockCharts.com ) I was hesitant to promote another web site on your site.

0 Reply
T

TraderMike 11 months ago

I appreciate that but no worries unless is blatant promotion of some scammy site.  I have links to StockCharts on every stock's page 

1 Reply
C

Cos3 11 months ago

I've made a mistake when i've did my search.  The results are less catastrophic but similar.  I've been looking in that way too and to my eyes the ETF of the dow ("DIA"), Utilities ("XLU") and techno ("XLK") looks stronger the next 1 or 2 Quarters

0 Reply
S

SwingTradeBot 11 months ago

What are your thoughts on 'today's (2023-07-31) market action?

0 Reply

View full discussion...