Daily Stock Market Analysis Sept 28 2017 Thursday

The stock market rebounded and shot higher just as we anticipated. The QQQs also broke above a 15 min ascending triangle. Meanwhile oil has broken out of a 60 min ascending triangle. Bitcoin which broke out of an ascending triangle in the 60 min also continued higher but as it reaches resistance area, we can expect it to slow down and hopefully trade sideways more so that we can find another bullish consolidation breakout.

Let's take a look at the charts below and see what it wants to tell 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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