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CURRENT MARKET TREND: Down on 1/24/2020






Friday, November 1, 2013

SP-500 Daily

As of this morning, two indicators on the daily chart were on sell, the StochRSI broke below the trigger line and the RSI broke the uptrend line. The ADX still has not rolled over on the SP-500 and even when it does, there is still a chance for prices to rise 20-40 pts over the previous high before the signal kicks into gear. Lately, however, it has been marking tops.

 As of writing, at 11:52 CST, the ADX has rolled.




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