Momentum and Breadth Often Turn before price. We can see as we examine the internals of the DJIA OBV did not participate and make higher highs with DJIA index Chaikin Money Flow show lack of conviction in Volume toward the latest Rally ACCM / DIST line just dipped as well indication this market is ripe for a turn.
Just a great simple way to see what "phase" the market is in. 13/34 Exp Moving Averages have been tested to show great Weekly momentum and "confirmations" for new major trends.
Here is my full Astro Aspect Calenar * No Lunar aspects are on this chart in efforts to control the clutter Please see my Lunar Calendar for Full Lunar Aspects Quick and easy Guide Hard Aspects Conjunction, Inconjunction, Opposition & Square are "bearish" Soft Aspects Sextile, Trine, Parallel, Contraparalla are "bullish" Any date with 3 or more Astro Aspects...
There is a severe "non confirmation" of the Dow industrials & Dow Transportation Average. Trade Idea: Long Down Transports / Short Dow Industrials
S&P500 Elliotwave Count & Key Reversal Day Counts 1. The Elliot Wave Count of best fit. 2. Key Gann Turning points from previous Major Highs and Lows