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End of Day Stock Market Analysis 12-6-18

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End of Day Stock Market Analysis 12-6-18

End of day technical analysis on the US stock market & key sectors via SPY, QQQ, /ES., /NQ, XLE (energy ETF), XLF (financials ETF) & XLI (industrials ETF).

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2018-12-06T16:51:09+00:00Dec 6, 2018 4:51pm|Categories: Equity Market Analysis|Tags: , , , , , , , , |3 Comments

3 Comments

  1. trade4life December 6, 2018 5:30 pm at 5:30 pm

    Randy, just an observation, the Russell came close to February lows and bounced up well. That helped the S&P. We may not see lower lows …

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    • rsotc December 7, 2018 10:38 am at 10:38 am

      I noticed that. In fact, I posted this IWM chart somewhere here yesterday (I believe it was a reply to another post):

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  2. rahulchahal December 6, 2018 5:35 pm at 5:35 pm

    Love the analysis. Market makers will determine which way most are leaning and make it go the other way. I’m long from the levels you said were support. Fed chair is going increasingly dovish is each speech. Separately I think Brexit is a risk.

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