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Markets were in a clear uptrend before the Kennedy assassination; they wobbled, then went back to rally mode.
The weekly SP500 chart is in a clear uptrend with steepening uptrend lines that started in early-2016.
The weekly Dow chart shows that the index is in a clear uptrend with steepening uptrend lines over the past two years.
The S&P 500 then turned higher and by the middle of April it was in a clear uptrend, line b.
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Earnings weak, and no clear uptrend yet April 4, 2014 George Magnus (@georgemagnus1) US jobs 3/3 Nothing here 2 change Fed policy.Steady taper, no urgency for rates to rise.
The higher lows and higher highs are a clear indication of a new uptrend, which is another positive sign for the economy.
Two vertical red delimiters delineate, from left to right, features with a significant downtrend, features with no clear trend and features with a significant uptrend.
"On the other hand, we're going to get a bit of an uptrend from Asia".
As contrarian investors know, rising negativity on a stock in an uptrend has bullish implications".
For a stock in an uptrend, you would expect to see more optimism in the form of a lower ratio.
In a steady uptrend or downtrend, open interest should (ideally) increase.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com