stock market sectors

Only the Nasdaq composite is still above its long-term bullish trend; both the S&P and Dow are still below.

The stock market fell hard on Friday following an up thrust on Thursday. The long-term bullish trend is still in effect only for the Nasdaq Composite; the S&P and Dow are well below their bullish trend lines. However, the short-term bullish trend lines, created since the August 24 rout, were broken in all three stock […]

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Strength is moving back into the stock market – little by little

The stock market is in a very short-term bullish trend since the rout on August 24. Only the Nasdaq Composite returned to it’s long-term bullish trend originating in 2010; the Dow and S&P 500 are still below their bullish trend lines. The failure of price to continue moving down, strongly suggests that the professionals took […]

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