Join Dstockmarket's Community - Daily Market Analysis, Individual Stock Analysis.

Join Dstockmarket Telegram Group

Join Dstockmarket Facebook Page

Daily Share Market Analysis May 12 2017

The Dow really had a big selloff yesterday only to form a 60 min bottoming tail near the daily 50 MA support. On the daily charts, the Dow and SPX is still in consolidation mode. While most of the exciting action happened in shorter time frames, the daily charts tell us the bulls and bear are still equal in the Dow and SPX. For tech stocks and the Nasdaq Composite, things are different. They are in a bull mode and look set to go higher no matter what the Dow and SPX does.

  • Help support this page and press the Facebook Like button below. Thanks!

Join Dstockmarket's Facebook Page 

Recent Articles

  1. US Stock Market Analysis November 2019

    Nov 20, 19 06:58 AM

    A technical outlook of what might happen to the S&P 500 and the other major indices.

    Read More

  2. Technical Analysis Of Disney's Stock Chart

    Nov 20, 19 05:05 AM

    A technical outlook of Disney's stock chart.

    Read More

  3. Technical Analysis Of AGN (Allergan PLC)

    Nov 20, 19 05:00 AM

    A technical outlook of AGN's stock chart and price.

    Read More

  4. KLCI Analysis Nov 2019

    Nov 20, 19 04:53 AM

    Technical analysis and outlook for the Malaysian stock market index, KLCI.

    Read More

  5. Technical Analysis Of KNM Group

    Nov 20, 19 04:49 AM

    Technical outlook for KNM Group's stock price and stock chart.

    Read More

New! Comments

Have your say about what you just read! Leave me a comment in the box below.