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THE STOCK MARKET BREAKOUT LOOKS GOOD...BUT DOESN'T FEEL RIGHT
The Bulls of the stock market made progress squeezing higher to an almost all time record high. In today's stock market analysis I discuss what doesn't feel right about this move.
Overall the sp500 and rest of the stock market closed with a very strong candle, however there is some flashing signs telling me that the move down isn't over yet. Perhaps it is, perhaps this is just a bull trap
I will cover technical analysis of 3 indices (SP500, NDX Nasdaq 100, and Russell 2000) to forecast future price movements. We will also look at some important indicators that lead me to the point of continuing to be risk off in this environment.
STOCK MARKET ANALYSIS TIMESTAMPS:
Intro: 00:00
SP500 Technical Analysis: 00:22
VIX Volatility Index: 04:00
NDX Nasdaq 100 Analysis: 04:52
Russell 2000 IWM: 06:25
CBOE Options Put/Call Ratio: 08:08
Pring Bottom Fisher Indicator: 13:16
McClellan Oscillator: 16:14
US Dollar Analysis: 21:43
Gold Technical Analysis: 23:25
Silver Technical Analysis: 24:32
Question: 27:29
MY CURRENT CHARTS (THESE ALWAYS UPDATE):
â—‹ Pring Bottom Fisher Indicator: http://schrts.co/ePIGFwDS
â—‹ NASDAQ 100 Weekly: http://schrts.co/YpvhINdz
â—‹ SP500 Weekly: http://schrts.co/HZYNFShT
â—‹ SP500 Daily: http://schrts.co/CbktAMCt
â—‹ SP500 2 Hour: http://schrts.co/bkWZGXKH
â—‹ VIX Volatility Index: http://schrts.co/VUKfYkCv
â—‹ Russell 2000 (IWM) 2 Hour: http://schrts.co/kfwjtdZi
â—‹ Russell 2000 (IWM) Daily: http://schrts.co/nahmjhrf
â—‹ US Dollar Index Analysis: http://schrts.co/teKCjavI
â—‹ $NYMO McClellan Oscillator: http://schrts.co/jPkzNaCM
â—‹ $CPC CBOE Options Put/Call Ratio: http://schrts.co/sQVfbagk
â—‹ Gold Daily: http://schrts.co/jJCRySaD
â—‹ Silver Daily: http://schrts.co/qigFHRVj
STOCK TRADING PLATFORM I USE
â—‹ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591
MY FAVORITES - https://amz.run/3JLv
â—‹ Book Recommendations
â—‹ My Studio Setup
â—‹ Morning Coffee
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DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
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