The Nasdaq 100 and SPX futures have cleared past highs decisively. Clear blue skies ahead for these 2 indexes at the moment. The Dow is still taking some time to overcome its old high to form a new all time high. Anyway if the 60 min uptrend of Dow continues to rise step by step, it should overcome the old highs very soon. What we want to see in the major 3 indexes is a disciplined step by step rise in the 60 min charts. This kind of rise is important because it creates pockets of support that will keep the stock market moving higher without much worry of a steep correction.
This website is still best viewed using a laptop as charts are bigger and clearer. But those using mobile can turn their phone sideways for a bigger view. Still haven't figured out how to enable zoom in on a responsive design. Not that tech savvy. Anyway you can tap on the chart and open it in new tab or save it. Then you can zoom into it for a clearer view.
Here's a summary of today's analysis:
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Dec 03, 21 09:52 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.
Dec 03, 21 07:22 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
Dec 03, 21 05:59 AM
How will the US stock market work in December? Will there be a rebound? Will the stock market continue to go higher?
Dec 01, 21 09:24 AM
Apple is one of those stocks that we should look at almost every day. The reasons is because it is a component of the Dow Jones, the S&P 500 and the Nasdaq.
Nov 30, 21 09:11 AM
Are the markets going to continue to move higher? Is it in an uptrend or downtrend and where are the support and resistance?