Stock Market Analysis
  • Home
  • Trading
    • How To Trade Stocks, A Step By Step Guide
    • Daily Stock Market Analysis 2016
    • Intermarket Analysis By Stephen Loke
    • Individual Stock Analysis And Index Analysis
    • Opinions
  • Blog
  • About
  • Contact

​Stock Market Analysis Aug 9 2016

After the big rise on last Friday, the market seems once again to be moving like a turtle. Small movements in the daily charts. Perhaps the market is digesting stuff now. The charts show bullishness in the SPY, DIA and QQQ and I expect it to continue unless I see warning signs in the 60 min charts. 60 min charts are good to analyze what is happening in the daily charts and they often point out early reversals in the daily charts.

Let's take a look at what the markets did yesterday and what we shall expect in the next few days.

​Major Indexes

Picture
Picture
Picture
Picture
Picture

Sectors & Industries

Picture
Picture
Picture
Picture
Picture
Picture
Picture

Stocks

Picture
Picture
Picture
Picture
Picture
Picture

​Dollar & Commodities

Picture
Picture
Picture
Picture
Picture
In summary:
  • I'm bullish on SPY, DIA , QQQ and looking for long 60 min setups. 
  • Will be bullish on stocks till 60 min charts tell me so
  • I'm bullish on oil at the moment but am aware of the resistance overhead.
  • I'm kinda bearish on Gold and Silver now.
Powered by Create your own unique website with customizable templates.
  • Home
  • Trading
    • How To Trade Stocks, A Step By Step Guide
    • Daily Stock Market Analysis 2016
    • Intermarket Analysis By Stephen Loke
    • Individual Stock Analysis And Index Analysis
    • Opinions
  • Blog
  • About
  • Contact