Daily Stock Market Analysis June 28 2017 Wednesday

Stocks suffered a sell off with tech leading the way lower. However, we we on the right side of the trend by being bearish. Since the 3 major indexes were below their declining 5 min 20 MA and 50 MA, it was right to be bearish in the short term time frame until the trend changes.

Lets take a look at what the charts are telling us.

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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