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Major Market Swing Signal (End of Day) Wednesday 5-25-22

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I have posted several videos on our New Youtube Page today. I will be posting videos every day on the YouTube Channel Analyzing Individual Stock and the Major Market Indexes. Also, I will be doing updated videos regarding the Weekly Bollinger Band, Stochastic, RSI, and MACD Strategy on the Youtube Channel


Please Click the Links below and you will be taken to our first TWO videos, THE MARKET WEAK OR NOT and Are the Fibonacci Retracement and Fibonacci Extensions Signaling a Bottom


https://youtu.be/-aiZX5RRZ0Q


https://youtu.be/B-d0E23_1FM


Click on the Subscribe Button and the Notification Bell so you will get notified every time we upload a video


We are starting to see more stocks under the hood showing a bullish upswing. The Dow Jones 30 now has 83% of its stocks now in a bullish upswing. The S&P 100 now has 80% of its socks in a bullish upswing. The Large Cap stocks are showing more strength than the rest of the market


The Dow Jones and S&P 500 are in a Rally Attempt and are now looking for a FOLLOW-THROUGH DAY it can happen any day now. The Nasdaq had a 1st Day Rally Attempt today the earliest we can get a Follow-Through Day on the Nasdaq is Tuesday 5-31-22


We are now on the lookout for a FOLLOW-THROUGH DAY on the Dow and S&P 500 for the Green Light to start buying leading stocks in leading industry groups breaking out of sound base patterns


The Weekly Bollinger Band, Stochastic, RSI, and MACD Strategy has now completed the Set-Up part of the strategy on all the Major Indexes ETFs (DIA, SPY, QQQ, IWM, VTI, and ITOT). We are now waiting for the Signal Week to complete


Look out for Costco Wholesale Corp (COST), and Dollar General (DG) Earnings Reports Thursday they could have a big effect on the direction of prices. Costco and Dollar General reports on 5-26 after the market closes


Also, Look out for the Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary) for the 1st Quarter 2022. it's coming out on May 26 @ 8:30 am this could MOVE the market up or down depending on the number. GDP 1st Quarter 2022 (advance estimate) showed that GDP declined by 1.4%(-1.4%). I will be doing a video on why the GDP numbers over the next 2 Quarters are so important


The Economy is on the EDGE it could collapse at any time. So we must keep our eye on everything right now. Any BAD economic news could send this market CRASHING DOWN


BTA Stock Watchlist Coming soon


The BEARS are in control for now and the Market is still in CORRECTION, But the Bulls are fighting back now


Thank You

BTA


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