Stock Market Analysis: 11/18/09

Pick your selection of boutiques near me s and the date range. Small Cap Bull 3x (TNA) – TNA bounced over 15% off the low and is stuck in the $50-$55 range. That could be happening in about over week from now and more likely two weeks from now. The Relative Strength Index is at 62.95 percent on the DOW right now and so the DOW will be still through some more closing highs. Here are the stock futures: DOW is at .00 percent, the S & P 500 is down by .04 percent and the NASDAQ is up by .08 percent at 1:54 pm PST. Well be checking on Sunday 11/29/20 on the stock futures heading into Monday morning. Oil is $44.34 this morning. United States Oil & Gas Corp. Exelixis, Inc. (EXEL) – Exelixis, Inc. (EXEL) hit a 52 week high at $12 on Wednesday but failed to do this on Thursday.

Right now the momentum is still driving stocks listed on the DOW stock board up, except that some of the DOW gains won’t be as high from the previous gains it had. The S & P 500 and the NASDAQ both had hit record highs and will be checking upon the Relative Strength Index to see exactly where each of these three major US stocks boards are doing. The percentage idea that we are thinking about is checking it against the Relative Strength Index on all three of the major US stock market boards. When the Relative Strength Index goes through a recent bottom out and when it peaks on these three major US stock market boards. By using this method we can look at stocks that are peaking when we know that the percentages are moving much closer on all the US major stock market boards. On Friday 11/27/2020 a lot of the major US stock boards were hitting between 62 to 65 percent on the Relative Strength Index after the stock markets had closed last week.

stock futures are climbing at the moment before the US stock markets open on Monday 12/14/20 and here is the stock futures: DOW is up by .54 percent, the S & P 500 is up by .48 percent and the NASDAQ is up by .37 percent. The NASDAQ upon the MACDs are still showing that it will still be climbing as both of the lines are moving upward. Last Friday we had mentioned that we could end up going through another correction coming in December 2020. This November 2020 was one of the best run on the US stock boards with most stocks climbing during the month. We had 7 out of the 8 investments bucking against the trend, from how the US stock market boards were going down today. So we are going to be checking throughout the bottom outs and peaks upon the Relative Strength Index and create a data chart.

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