Weekly Market Update: We're in the Green

The market is looking positive. Using ETF's as a proxy, we can see the S&P and Dow are in Stage 1. The NasDaq is still sitting in Stage 4 but hopefully on it's way into Stage 1 soon.

For a reminder on Stage Analysis read this post.

Weekly Market Update: Indicators are Positive

The week ended well and looks positive for the week to come. I suspect we will be in this sideways trading range until the elections take place in the Fall. The Barron's chart shows positive movement as well.

Weekly Market Update: Back in the Green

The market made a nice comeback this week and all the indicators are in the green.
We are looking for signs of an early stage 1 or stage 2 advance. At the moment we are in a trading range and if the indexes can rise above the overhead resistance we will see a positive sign.