Technical Analysis and Outlook
Since Dow Jones Industrial Average intermediary trend of the 'Inauguration of Donald Trump' line, we have completed the Outer Index Rally $29,500 and developed a significant Key Sup marked at $29,132. The stocks will need to complete the Inner Index Dip $25,853 to launch a meaningful rally to Mean Res $27,570 and encounter major Key Res $29,132, and this will signify the challenge of the completed Inner/Outer Rallies. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For October 26, 2020" at the usual site.
Since Dow Jones Industrial Average intermediary trend of the 'Inauguration of Donald Trump' line, we have completed the Outer Index Rally $29,500 and developed a significant Key Sup marked at $29,132. The stocks will need to complete the Inner Index Dip $25,853 to launch a meaningful rally to Mean Res $27,570 and encounter major Key Res $29,132, and this will signify the challenge of the completed Inner/Outer Rallies. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For October 26, 2020" at the usual site.