The first part of this video reviews the historical performance of one of my favorite intermediate-term trend indicators & how it is best applied when aligned with the primary trend as well as major inflection points in the market. These intermediate-term trend indicators have recently flipped from bullish to bearish on several of the major US equity indices with the remaining indices poised to follow suit on any substantial downside in the markets going forward. While the first part & bulk of the video covers the intermediate-trend on the major stock indices, the second part of the video is a brief overview using price analysis highlight the recent breaks below key trendline support on all US stock indices while pointing out the key support levels just below which are likely to spark an impulsive selloff if those levels are impulsively taken out.
US Stock Market Trend & Price Analysis (video)
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