Current market situation

Let's see how markets did from the last week.

All the benchmarks are testing supports, so will be easy to crush down as will be easy to bounce on these supports line.




SP500

Daily

Long : Up
Medium : Up (but do be confirmed)
Short : Down

Weekly

Long : Up
Medium : Neutral
Short : Neutral

Daily Chart :

Weekly Chart

I moved the black support based on last week movements. The channel is still giving us an upward trend and volume confirms we are at a critical level



Nasdaq Comp


Daily

Long : Up
Medium : Neutral
Short : Neutral

Weekly

Long : Up
Medium : Up
Short : Up


Daily Chart :

Weekly Chart :

DJ30

Daily
Long : Up
Medium : Down
Short : Down

Weekly
Long : Up
Medium : Up
Short : Down

Daily Chart :

Weekly Chart :