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A Monthly Market Review

Article By: Macro-Ops

Monday, July 3, 2023 9:15 AM EDT

June went out near its highs giving us a strong bullish breakout confirmation from the S&P 500’s year-long sideways consolidation.

In this article: GREK, NTDOY, BLDR, EWZ, IJH, IJJ, ITB, UUP, XLY, ARGT, SPX, NGE, JETS, FFTY, PAVE

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A New Short-Term Uptrend Began This Week

Article By: Douglas Gammons

Saturday, December 11, 2021 4:44 PM EDT

A new short-term uptrend began on Tuesday, Dec. 6. And on Friday, there was a white candle for the PMO index, which helps confirm the new uptrend. The major indexes look good, but I'm questioning the health of the uptrend.

In this article: QQQ, SPX, DJI, SPXEW, FFTY

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Friday Continues The Short-Term Downtrend

Article By: Douglas Gammons

Saturday, September 18, 2021 2:59 PM EDT

The market tried to bottom out and rally a couple times this past week, but it just couldn't find its footing. So the short-term downtrend continues.

In this article: JNK, SLX, UUP, SPX, SPXEW, IPO, ARKK, FFTY

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The Market Has Rallied Nicely

Article By: Douglas Gammons

Saturday, September 4, 2021 2:15 PM EDT

The short-term uptrend continues. Since the Aug. 19 low, the market has rallied very nicely. And with the PMO at a high level, it shows that participation in the rally has been good compared to the weak participation since the Spring.

In this article: UUP, NDX, SPX, DJI, FFTY

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