Technical Market Report For Saturday, April 3

SPX summary for all years 1953 - 2020

  •  Avg -- 0.12% 0.13% 0.05% -0.01% -0.06% 0.23%
  •  Win% --  60%   56%   56%   54%   51%   57%

Conclusion

It is a little early to be sure, but it looks like the low of a week ago will serve as the bottom for a while.

The strongest sectors last week were electronics and transportation, while the weakest were precious metals and energy services (similar to the previous week). I expect the major averages to be higher on Friday, April 9 than they were on Thursday, April 1. 

1 2 3 4
View single page >> |
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.