US Equity Markets Overview

Here's a look at most of the major broad US equity indices from both a daily & weekly (long-term) perspective. As noted on several of the weekly charts below, we need to see at least one solid weekly close below these bull market uptrend lines preferably all major US indices in order to help reduce the odds of a whipsaw sell signal.

Essentially we have bearish price action, via numerous daily & weekly trendline breaks on nearly all major US indices, in addition sell signals from the recently highlighted trend indicators such as the 50/20-day ema pair bearish crossovers on all major US indices (except the $RUT & $SML small-cap indices, which are poised to trigger death crosses on any additional downside).

Click on the first chart below to expand, then click anywhere on the right of the expanded chart to advance to the next chart. Expanded charts can be panned & zoomed using a touchpad or mouse scroll wheel.

2017-03-08T21:20:24+00:00 Jul 9, 2015 12:32pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , |Comments Off on US Equity Markets Overview