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Weekly Stock Market Wrap & Outlook (video)

A comprehensive overview of the US stock market via QQQ, SPY & the sectors that comprise the S&P 500 index. There were a lot of significant technical developments this week as well some important technical levels & potential developments to watch for next week covered below. As such, this video runs longer than usual. To reduce the video duration, click on the settings icon at the bottom right of the video to increase the playback speed to 1.25x or 1.5x.

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2018-04-06T19:46:11+00:00Apr 6, 2018 7:46pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , |4 Comments

4 Comments

  1. stock51 April 6, 2018 8:59 pm at 8:59 pm

    Thank you.
    Very profound info
    Jake

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  2. sur non April 7, 2018 5:33 pm at 5:33 pm

    That was great!

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  3. FrancisQ April 9, 2018 9:39 am at 9:39 am

    Another bullish divergence also makes me positive about the coming bounce. The VIX makes lower low while SPY makes double bottoms.

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    • rsotc April 9, 2018 10:33 am at 10:33 am

      Good point. Another consideration on the $VIX is if you look at a long-term weekly chart of the VIX going back a decade or so, you’ll note that during the spikes off of the low-end of the range, the VIX typically only remains at elevated levels for a few weeks to no more than a few months before falling back down (which means the market started to rally at that point). The current elevated trading range in the VIX is now entered its second month.

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