Stock Market Recap for
Index Trend Table
Index | % Chg | ADX | Long Term | Mid Term | Short Term | Signals | |
---|---|---|---|---|---|---|---|
Wilshire 5000 | -0.63% | Weak or Absent | Up | Flat | Flat | Fell Below 50 DMA | |
S&P 500 | -0.67% | Weak or Absent | Up | Flat | Flat | 20 DMA Support, Fell Below 50 DMA | |
NASDAQ-100 | -0.88% | Weak or Absent | Up | Up | Up | ||
Russell 2000 | -0.37% | Weak or Absent | Up | Down | Flat | 20 DMA Resistance, Spinning Top | |
Dow | -0.57% | Weak or Absent | Up | Down | Flat | MACD Bearish Signal Line Cross |
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 |
---|---|---|
536 | 20 DMA Resistance | Bearish |
449 | Fell Below 20 DMA | Bearish |
441 | Pocket Pivot | Bullish Swing Setup |
424 | Upper Bollinger Band Walk | Strength |
385 | MACD Bearish Signal Line Cross | Bearish |
Unusually Active Signals for the Day
% Above Normal | Alert | Type |
---|---|---|
283 | MACD Bearish Signal Line Cross | Bearish |
208 | Hammer Candlestick | Bullish |
170 | Doji - Bullish? | Reversal |
129 | Jack-in-the-Box Bearish | Bearish Swing Setup |
125 | Slingshot Bullish | Bullish 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.
T
TraderMike about 1 year ago
Last week is looking like a head-fake for the bulls. All the major indices climbed above their 50 DMAs but after today QQQ is the sole survivor. Breadth is poor, as measured by the "% of Stocks Above Their 50-Day Moving Averages". That indicator is also interesting because it's near its August low while the indices are well above their August lows. I'm not sure what to make of that but I do know that, IMHO, to have a healthy rally that indicator need to be making higher highs and higher lows. At best it's going sideways now & on the verge of making a lower low.
S
SwingTradeBot about 1 year ago
What are your thoughts on 'today's (2023-09-06) market action?
View full discussion...
Recent Comments
- TraderMike on BOOT
- Dr_Duru on BOOT
- TraderMike on Stochastic Reached Oversold
- SuccessfulGrasshopper897 on Stochastic Reached Oversold
- Cos3 on Adding float as advanced filter criteria?
From the Blog
Featured Articles