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OUTSIDE DAY for ALL major averages
Dow Jones Industrial Average Index
OUTSIDE DAY for ALL major averages
By ROYAL_OAK_INC
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Dec 20, 2023
1
Dec 20, 2023
What a turnaround for ALL the MAJOR averages!
As we've been saying over and over again.......
The END OF DAY IS WHAT MATTERS!!!
*Indices formed an OUTSIDE DAY*
Outside days can signify 2 things:
CONTINUATION
OR
REVERSAL (of the current trend)
Being that the day ended lower, LIGHT VOLUME though, we will take this as a WARNING!!!!!!!
RSI fell pretty hard, #stocks could just experience profit taking for a bit.
__________________________________________
VIX
roaring & seems 2b stronger this time around.
DXY
close to support and seems to be trying to base again.
2 Yr #yield showing positive divergence.
10Yr oversold - don't see anything out the norm in either one of these, yet at least.
bonds
Chart Patterns
DJI
Technical Indicators
NASDAQ 100 CFD
RUSSELL 2000
SPX (S&P 500 Index)
TNX
Trend Analysis
VIC
ROYAL_OAK_INC
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