BIG Picture Snapshot 01-02-2017   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 (Overbought - anticipate pullback)

 
Color Key:

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

Orange (Caution) - BELOW 20 & ABOVE 50dMA

Red (Bearish)       - BELOW 200dMA

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