To The Moon

Market outlook1D chart of S&P 500Marfrom the chart above, we have the following observations: The stochastic indicator looks to be bottoming up over the coming days. The MACD indicator looks to be on a downtrend The exponential moving averages (EMA) lines have converged and look to be starting a downtrend. Then moving averages (MA) lines are sending various signals. The MA200 line (long term) looks to be on a downtrend. The recent candles have cut the MA50 lines from above and look to be pointing to a bearish trend too. With increasing volume in the last few days of the week, it does imply that there is increased strength in the ongoing trend. From the above, it does point to a more bearish outlook in the coming days. With Stochastic nearing bottom, we may see some "rall