Stock Market Rallies Into Resistance....Will We Break Above Next Week?

3 years ago
13

The stock market today rallied nicely for the bulls as expected. Forming a nice candlestick reversal pattern (Morning Star) in the SP500. However, I'm not yet convinced that this move is going to continue. In today's stock market analysis I go into the levels of resistance that the stock market still needs to break through in order to confirm this move will continue its bull run.

Its too early to say if this move is a bull trap or a bear trap, I am sure we will find out next week.

TIMESTAMPS:
Intro: 00:00
SP500 Technical Analysis: 00:43
NDX Nasdaq 100 Technical Analysis: 06:00
DOW JONES Analysis: 10:28
SP500 Part 2: 12:04
NDX Nasdaq 100 Part 2:15:29
Cohen High Low: 17:25
NASDAQ 100 New Highs-New Lows Index: 18:29
Pring Bottom Fisher Indicator: 19:34
US Dollar Index Technical Analysis: 21:27
TNX 10 Year US Treasury Analysis: 23:58
$NYMO McClellan Oscillator: 25:38
GOLD Analysis: 27:24
GOLD / MEDIAN HOME CHART: 28:33
SILVER Analysis: 34:23
Bitcoin Technical Analysis: 35:31
KBW Bank Index Analysis: 36:56
S&P Regional Banking ETF: 37:20
For The Loyal Fans :) - 38:56

MY CURRENT CHARTS (THESE ALWAYS UPDATE):
○ Pring Bottom Fisher Indicator: http://schrts.co/ydtymCQv
○ NASDAQ 100 Bullish Percent Index: http://schrts.co/BDcJVkKp
○ NASDAQ 100 New Highs-New Lows Index: http://schrts.co/vFeMwHGW
○ NASDAQ 100 Monthly: http://schrts.co/mSzFHAue
○ NASDAQ 100 Weekly: http://schrts.co/ZambkaKm
○ NASDAQ 100 Daily: http://schrts.co/ByZFaZcu
○ NASDAQ 100 2 Hour: http://schrts.co/zeiDiqHz
○ KBW BANK INDEX: http://schrts.co/ycVGHSFN
○ SP500 Monthly: http://schrts.co/tCIUyHqk
○ SP500 Weekly: http://schrts.co/HZYNFShT
○ SP500 Daily: http://schrts.co/sbTMuaEd
○ SP500 2 Hour: http://schrts.co/NYrEHUzs
○ SP500 30 Minute: http://schrts.co/KuIxIxMT
○ VIX Volatility Index: http://schrts.co/aIGRHAyf
○ VIX Volatility Index: 30 Minute: http://schrts.co/veXJpzUD
○ US Dollar Index Analysis: http://schrts.co/DHMiidyy
○ $NYMO McClellan Oscillator: http://schrts.co/nmcBvjWt
○ $CPC CBOE Options Put/Call Ratio: http://schrts.co/GnMaeeYa
○ GLD Gold Daily: http://schrts.co/pHKNWSGi
○ SLV Silver Daily: http://schrts.co/QAmcbZHS
○ Bitcoin Daily: http://schrts.co/wDNwpNYx
○ Bitcoin Weekly: http://schrts.co/HaynvUxZ

STOCK TRADING PLATFORM I USE
○ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591

MY FAVORITES - https://amz.run/3JLv
○ Book Recommendations
○ My Studio Setup
○ Morning Coffee

COME SAY HI:
Instagram: https://www.instagram.com/figuringoutmoney
Twitter: https://twitter.com/mikepsilva

Make sure to SUBSCRIBE to my channel!

DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)

Loading comments...