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Technical Analysis

IBD Industry Groups Bell Curve – Bullish Percent

The IBD Industry Groups Bell Curve – Bullish Percent has improved slightly over the last few weeks with a gain of +5.72%, which moves the average distribution of the 200 Investors Business Daily (IBD) Industry Groups to 24.53%...
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Stock Market Update and US Stocks Watchlist – 29 June 2022

While there is no denying that the US stock market is currently in a major Stage 4 decline, with every major US stock index in Stage 4 on the weekly timeframe that the primary Stages are determined on. The more recent price action over the last month is much more subjective, as it differs across the indexes...
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US Stocks Watchlist – 19 June 2022

Strong selling continued this week causing a further leg lower in the stock market Stage 4 decline with the major indexes (i.e. S&P 500, Nasdaq Composite and Russell 2000 etc) all closing below their recent base structures and are now at percentage levels off the highs that rival major bear markets of the past.
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