Aug 23 2017 Daily Stock Market Analysis

As the Dow hits the 50 MA support, it bounce up yesterday and had one of the best days since April. The major indexes are still in a short term uptrend. With the month of August being not a good month for the major indexes, they have actually performed quite well. This month has seen lots of volatility and we need to continue to monitor short term trends of a few days to be able to capture profits. Let us take a look at what the charts are telling us.

Update

Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com

Charts with the investing.com logo are courtesy of Investing.com powered by Trading View

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