For FullyInformed Members here is the Stock Market Outlook intraday chart analysis to 11:50 AM on Mar 16 2017.
The big rally from yesterday placed the market back into an overbought environment. As well many stocks ended back at their top end prices where finding buyers before was very difficult. Therefore the weakness this morning is not surprising.
The market breadth numbers from the morning are interesting to review as well and they give us a good indication today what we should expect over the midday, afternoon and the close.
I have also included a few trade ideas and some further comments on stocks in general.
Stock Market Outlook – Morning Mar 16 2017
The remainder of the morning stock market outlook intraday chart analysis is for FullyInformed Members.
Stock Market Outlook – Morning Intraday Chart Analysis – Mar 16 2017
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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