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SP500 04/12

 BIG Picture Snapshot 04-12-2016     Published Sunday

   

GOAL of Analysis:

> Major indexes are analyzed to determine market prevailing direction.

4 Market stages: Basing, Advancing, Topping,
Declining

Current Market Stage:  ADVANCING / UP-TREND 
(CAUTION approaching EXTENDED)

 
Color Key:

Green (Bullish) - ABOVE 20 & 50-day Moving Averages (dMA)

Orange (Caution) - BELOW 20 & ABOVE 50dMA  or  ABOVE 20 & BELOW 50dMA.

Red (Bearish) - BELOW 200dMA


chart courtesy StockCharts.com     composed by SelectiveChartists.com



 

 

 

 

 



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