Market Update: Resistance Is Now Support The market continues acting well and in the very short term appears to be ready for another near term pullback to digest its recent rally off its 200 DMA line. Yesterday, the major indices opened higher and closed in the lower half of the range. That’s not the end…
Dear All: There are 10 new setups for your review Report attached – Find Leading Stocks Report 05.14.18 Recent Media: CBC Canada Asked Adam About The Stock Market Thursday, April 5, 2018 Reuters Asked Adam About The Stock Market Wednesday, April 4, 2018 CNBC Asked Adam About The Stock Market Wednesday, March 28, 2018 Reuters Asked…
Market Update: Resistance Is Now Support In Tuesday’s pre-market update I wrote, “The market feels like it wants to breakout and go topside from here. The Dow & S&P 500 bumped into their respective 50 dma lines yesterday which has served as near-term resistance in recent weeks.” That’s exactly what happened, as both the Dow and…
Market Update: Time To Break Above Resistance The market feels like it wants to breakout and go topside from here. The Dow & S&P 500 bumped into their respective 50 dma lines yesterday which has served as near-term resistance in recent weeks. The split tape I mentioned in prior reports is still in play as the…