Join Dstockmarket Telegram Group

Join Dstockmarket Facebook Page

Daily Stock Market Analysis 4th Week February 2017

This week marks the first time I'm doing a daily stock market analysis on Dstockmarket.com. Let us look at what the stock market is telling us. Instead of putting each day's analysis on its own page, I have put the whole week's analysis on this page. The latest analysis is on top.

February 24 2017

Yesterday we saw a first sign of weaknesses when the QQQ dropped below its 60 min 20 MA. The DIA and SPY are still holding strong. The IWM has dropped below its 60 min 20 and 50 MA. This is not a very good sign for the small caps. There is a need to be cautious at the moment.

February 23 2017

The stock market is still showing signs of bullishness with the Dow making another new high. Yesterday we saw the SPX and Nasdaq Composite making another 60 min box. If a breakout occurs we will probably move higher again. We continue to be bullish as long as the indexes are above their rising 60 min 20 MA. So far no sign of weaknesses yet.

February 22 2017

The stock market made another new highs yesterday and we continue to be bullish on the market as long as it is above the rising 60 min 20 MA.

With the semiconductors and the financial in a daily uptrend, we are certainly in a strong bull market.

February 21 2017

As I look at what the markets are telling me, we are in a strong bull market at the moment and the way to make money is to buy the breakouts and the dips. The 60 min chart shows a very bullish environment and therefore, breakouts are the way to go at the moment.

So far, no sign of weaknesses appear on the daily or 60 min charts. As long as the SPY and QQQ is above its rising 60 min 20 MA, we continue to be bullish on the stock market.

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

Join Dstockmarket's Facebook Page 

Recent Articles

  1. Chart Lessons March 4th Week 2021

    Mar 23, 21 08:25 AM

    This week let us take a look at the SPX and TSLA. See what we can learn from their charts.

    Read More

  2. Chart Lessons March 3rd Week 2021

    Mar 19, 21 05:24 AM

    In this week we will have a look at Bitcoin, ETN and MAT, SPX and QQQ and see what we can learn from its chart.

    Read More

  3. Chart Lessons March 2nd Week 2021

    Mar 09, 21 08:33 AM

    In this week's lesson, let's take a look at bitcoin and makita.

    Read More

  4. Chart Lessons March 1st Week 2021

    Mar 03, 21 09:48 AM

    In this week we will take a look at BRX and KIM and see what we can learn from the charts.

    Read More

  5. Chart Lesson February 4th Week 2021

    Feb 25, 21 07:54 AM

    In this week we will have a look at VUZI, KSS, PBCT, CBRE, SPG, KPOWER and the lessons from their chart.

    Read More

New! Comments

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