Major Market Swing Signal (End of Day) Friday 2-10-23
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The percentage of Stocks in a Bullish Upswing for all Categories are
30% of the Dow Jones is on an Upswing
35% of the S&P 100 is on an Upswing
29% of the Nasdaq 100 is on an Upswing
30% of all Three Indexes Top Holdings is on an Upswing
The Most Important day this week will be Tuesday because the CPI report is coming out at 8:30 am. This report will give us a read on the Inflation picture
If inflation comes in higher then the market may sell off. If Inflation comes in Low then the Market may rally higher
We are waiting until after Tuesday Morning before we place any new trades.
How the charts look after Monday's Close are the most important We will be posting those chart for Monday end of day report.