SP500 08/15
BIG Picture Snapshot 08-15-2016 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
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
