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Stock Market Technical Analysis for 3-13-18 (video)

Technical analysis focusing on the near-term to intermediate-term outlook for the US stock market via SPY, QQQ, MDY & IWM starting with a brief overview of the bigger picture & primary trend.

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2018-03-13T13:25:51+00:00Mar 13, 2018 1:25pm|Categories: Equity Market Analysis|Tags: , , , , , , , |2 Comments

2 Comments

  1. stock51 March 13, 2018 1:35 pm at 1:35 pm

    Thanks

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    • rsotc March 13, 2018 3:37 pm at 3:37 pm

      Y.W.
      Both SPY & QQQ trading comfortably below their respective 60-minute uptrend lines, confirming the negative divergence & near-term sell signals on the US market. Barring a stick-save into the close with 25 minutes left in the trading session today (which I do not expect), these sell signals will be confirmed today with more downside in the market likely to come this week.

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