Sunday, November 17, 2019

Weekend Stock Market Outlook - November 17 2019

The stock market outlook remains in an uptrend, with price at an all time high and continued bullish price action in the ADX, price/volume and OEW signals.

In the daily view, the S&P500 looks a bit extended from support.  The ~3075 price level shoud act as the gatekeeper for any large decline.

Just like asymmetric warfare, one trade war tweet will override fundamental and technical research in the short-term, so risk manage accordingly!

More commentary after the jump...Stock Market Outlook - Week of November 17 2019

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