Stock Market Outlook For The Week of
March 5th = Uptrend
20/50/200 Day Moving Averages: Uptrend
Price & Volume Action: Uptrend
Objective Elliott Wave Analysis: Uptrend
Nothing from last week suggests a change in market outlook. Even the notion of a rate hike in March was taken in stride by the US markets.
All the indexes remain above their respective 20 and 50 day moving averages.
2017-03-05-US Stock Market Averages
Price and volume action continues to be positive and the OEW uptrend signal remains in place.
You can check out how well (or poorly) the outlook has tracked the market using past performance estimates: