Dow Jones and the S&P 500 is likely to trade higher over the coming week and make new all time highs if what the trend is telling us is correct. With the major indexes in an uptrend in daily timeframe and 60 min timeframe the odds of Dow Jones and the S&P 500 making new all time highs are very good. Combining trend analysis with the fact that the Dow and S&P 500 has broken above the 60 min consolidation, it is very very likely we will see more upside movement in stocks.
Let's take a look at the charts and let it speak for itself.
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May 05, 22 10:24 AM
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Apr 13, 22 11:46 PM
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Apr 12, 22 09:38 AM
Here are a list of stocks that are at their 50 MA and 200 MA. The 50 day moving average and 200 day moving average can be a support area where stocks bounce off
Apr 12, 22 09:34 AM
Here are a list of stocks that have broke out or about to break out. Breakout stocks can often give us a good reward to risk ratio.