Shurodb
- Feb 16, 2023
- 2 min read

Major Market Swing Signal (End of Day) Wednesday 2-15-23

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The percentage of Stocks in a Bullish Upswing for all Categories are

66% of the Dow Jones is on an Upswing

72% of the S&P 100 is on an Upswing

87% of the Nasdaq 100 is on an Upswing

78% of all Three Indexes Top Holdings is on an Upswing

The Swing has turned Bullish and Very Bullish for all the Categories this is positive, But I have some mixed signals right now with some of our other larger Swing Indicators they are still bearish.

I need to see the other larger Swing Indicators confirm the Major Market Swing Signal above before going long

The Market had some wild Swings today but nothing really changed. Also, I have not changed my views on the charts either

A picture is worth a Thousand Words

Nothing really changed on the charts Look at Tuesday 2-14-23 to see the chart and levels

Economic Reports

Thursday, February 16, 2023

@ 8:30 am Continuing Jobless Claims (This could be a market mover)

@ 8:30 am Initial Jobless Claims (This could be a market mover)

@ 8:30 am Jobless Claims 4-Week Avg (This could be a market mover)

@ 8:30 am Building Permits (Jan)

@ 8:30 am Building Permits (MoM) (Jan)

@ 8:30 am Housing Starts (MoM) (Jan)