In tonight’s market update, I examine & forecast S&P 500, Dow, NASDAQ, and Russell 2000 looking at the important price-levels and the moving averages. Assessing the sentiment of the four major indices, I give you current market sentiment and what to expect going forward. Let me know your thoughts by leaving me comments/questions below.
3 thoughts on “VIDEO: The Market Update 9/20/2016”
Very educational with the moving averages bro. One question, is declining 50-day moving average considers longer term bearishness or can they change sentiment quickly?
1BibleTruth In general rule, if the 50-day moving average is declining and has been declining for a while (im talking couple weeks–because sometime it could look like its declining but changes direction quickly), then rule of thumb is, it is considered bearish in the minor to intermediate term. But you want to look at 100/200 moving average for long term sentiment
2kaykim 1BibleTruth thnx