Major Market Swing Signal (End of Day) Thursday 6-2-22
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The Market found support at its 21 Day MA and LOIS on Thursday and moved higher. All the Major Indexes closed higher on Low Volume. See the recent videos I posted on our Youtube channel explaining this
Almost all the stocks in each Category are still in bullish Upswings.
70% of the Dow Jones is on an Upswing
73% of the S&P 100 is on an Upswing
76% of the Nasdaq 100 is on an Upswing
73% of all Three Indexes Top Holdings is on an Upswing
The Advance-Decline Diff Invisible Chart Indicators are still looking good and the GREEN lines moved higher today that's a positive sign'
We got a FOLLOW-THROUGH DAY last week on the S&P 500 and the Rally is still on. The Market is on the upswing.
With the recent Distribution, we got on the S&P 500 (only two trading days after the follow-through day). The rally has a 50% chance of failure. Let's see if it can hold on
The Weekly Bollinger Band, Stochastic, RSI, and MACD Strategy HAS NOW HIT THE PIVOT on all the Major Indexes ETFs (DIA, SPY, QQQ, IWM, and ITOT).
We will be buying tomorrow (Friday 6-3-22) if they continue to hold up. See the recent videos I posted on our Youtube channel explaining this.
Title: We Will be Buying -
it will be live at 7 am Friday Morning 6-3-22
For the Bollinger Band Strategy, we will be looking at the ITOT, SPY, and DIA tomorrow (Friday 6-3-22) if they hold up
Please look at the latest Youtube videos I posted on our Youtube channel. I explained which ETFs we will be Buying and why
On the Economic, Nonfarm Payroll for MAY and the Unemployment Rate for MAY comes out 6-3-22 at 8:30 am this could move the market.
The BULLS are in control for now and the Market is now on a confirmed Upswing