SP500, NASDAQ, DJIA 01/09
BIG Picture Snapshot 01-09-2017 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
composed by SelectiveChartists.com
