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  1. coolhand's Avatar

    The Bullish Case is Looking a Bit Better

    by
    coolhand
    , 04-23-2020 at 05:02 PM (Coolhand's Market Analysis)
    Quote Originally Posted by coolhand View Post
    The market was largely flat on somewhat volatile trading today.

    Market Talk-s-p-500-png
    Market Talk-dwcpf-png

    We can see that price on the S&P 500 is testing the falling 50 dma again and closed just under it. The DWCPF may test it simply when the average falls down to the top of the trading channel if it does not break out first. Momentum is rather flat.

    Market Talk-nyad-png

    Breadth rose, but remains neutral.
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    Uncategorized
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  2. tsptalk's Avatar

    TSP Talk Market Commentary 04/23/2020

    by
    tsptalk
    , 04-23-2020 at 01:11 AM (TSP Talk Blog)
    Stocks rallied back on Wednesday as the Dow jumped 457-points on the day, but it felt more like a light volume relief rally after the more than 1200-point combined loss on Monday and Tuesday. With the VIX still over 40, these 2% to 4% moves have become the norm so it doesn't mean too much right now. The price of oil rallied back, but the index charts still have some problems and look vulnerable, although more upside action could change that.

    ...
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    Daily Market Commentary
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S&P500 (C Fund) (delayed)

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