Stock Market Outlook - February 28 2021

The stock market outlook remains in an uptrend.  Not because of "strength"...more just a lack of sufficient weakness, as only one signal confirmed a downtrend.

The ADX flipped Monday, price/volume action and Elliott Wave are mixed. Keep an eye on the 50-day moving average and the 3700 price level.

Interest rates on 10-year treasuries are the market catalyst right now, and are likely to kick off some sector rotation in the near future.

More commentary after the jump... Stock Market Outlook - Week of Februaruy 28 2021