STOCK MARKET PATTERNS LOOK BULLISH...INDICATORS LOOK OVER EXTENDED...What's Going On Here?

4 years ago
6

In today's daily stock market brief I look at the bullish patterns that are forming on the SP500, Nasdaq 100, Russell 2000, and the Dow Jones. The overall stock market price action looks bullish, however, the indicators look over extended and are telling a different story.

We will forecast where the stock market can potentially go next using technical analysis, and make it easy to understand so that a beginner could understand.

In uncertain times its best to trade and invest with caution. Stimulus headlines seem to have a big effect on the market as well as the election process, and vaccine news. Its hard to tell if there will be a stock market crash or if the fed would even allow for that to happen. Better to be safe than sorry in these market conditions.

TIMESTAMPS:
Intro: 00:00
○ INDICES: 00:34
- SP500 Analysis
- Nasdaq 100 Analysis
- Russell 2000 Analysis
- Dow Jones Analysis
○ INDICATORS: 08:41
- VIX Volatility Index Analysis
- Put/Call Ratio
○ Commodities: 16:47
- Gold Analysis
- Silver Analysis
○ US DOLLAR: 18:14

STOCK MARKET CHARTS:
MY CURRENT CHARTS (THESE ALWAYS UPDATE):
○ Pring Bottom Fisher Indicator: http://schrts.co/ePIGFwDS
○ NASDAQ 100 Weekly: http://schrts.co/YpvhINdz
○ SP500 Weekly: http://schrts.co/HZYNFShT
○ SP500 Daily: http://schrts.co/CbktAMCt
○ SP500 2 Hour: http://schrts.co/bkWZGXKH
○ VIX Volatility Index: http://schrts.co/VUKfYkCv
○ Russell 2000 (IWM) 2 Hour: http://schrts.co/kfwjtdZi
○ Russell 2000 (IWM) Daily: http://schrts.co/nahmjhrf
○ US Dollar Index Analysis: http://schrts.co/teKCjavI
○ $NYMO McClellan Oscillator: http://schrts.co/jPkzNaCM
○ $CPC CBOE Options Put/Call Ratio: http://schrts.co/sQVfbagk
○ $CPCE Monthly: http://schrts.co/GzmKSiYY
○ Gold Daily: http://schrts.co/jJCRySaD
○ Silver Daily: http://schrts.co/qigFHRVj
○ OIL INDEX / DOW TRANSPORTS: http://schrts.co/EAKwvFsY
○ Light Crude Oil WTIC: http://schrts.co/uvkugJrR
○ YIELDS: http://schrts.co/JTHZmHtB
○ NDX BULLISH PERCENT INDEX: http://schrts.co/HmeFTsTF
○ NDX NASDAQ STOCKS ABOVE 200 DMA: http://schrts.co/hbWWswVp
○ NYSE NEW HIGH-LOW: http://schrts.co/hMrNyGXa

Stock Market Chart Deck:
https://www.slideshare.net/MichaelSilva144/daily-stock-market-brief-10212020

STOCK TRADING PLATFORM I USE
○ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591

MY FAVORITES - https://amz.run/3JLv
○ Book Recommendations
○ My Studio Setup
○ Morning Coffee

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DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)

#StockMarket

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