ALEXANDER TRADING WEEKLY UPDATE


 

 

Weekend Update 2024_03_31

Weekend Report for Monday, April 1 Bottom Line: The trend remains strongly up. There is no objective signal from an Auction Market, price action perspective that a top is in place or close. While a short-term top could occur at any time, and certainly a reasonable...

Weekend Update 2024_03_24

Weekend Report for Monday, March 25 PDF: Weekend Report_2024_03_25 VIDEO Bottom Line: The trend is strongly up. A Few Observations: The SPX broke intuitively from the Balance Area we were watching and traded strongly higher. The DOW traded in lock-step with the SPX...

Weekend Update 2024_03_17

Weekend Report for Monday, March 18 Please follow me on X: @AlexanderTrade Bottom Line: The major US stock indices have been in a significant choppy churn on a day-to-day basis with little net decline, so far. Next week the big events will be the Nvidia conference...

Weekend Update 2024_03_10

Weekend Report for Monday, March 11 Bottom Line: Friday was a wide range reversal day in all major US trading indices. It may be signaling a top of some relative importance is in place, but it is certainly and objectively signaling Friday’s high in the indices as...

Weekend Update 2024_03_03

Weekend Report for Monday, March 4 Bottom Line: From last week:  The trend is up. The US indices are in a bull market. Bull markets are characterized by relentless ramps and minor, short-lived retracements. The current rally is not at all unique when compared to...

Weekend Update 2024_02_26

Weekend Report for Monday, February 26 Bottom Line: The trend is up. The US indices are in a bull market. Bull markets are characterized by relentless ramps and minor, short-lived retracements. The current rally is not at all unique when compared to previous bull...

Weekend Update 2024_02_18

Weekend Report for Monday, February 18 Bottom Line: More all-time highs. The trend is up. If that sounds simplistic and trite, well that would be half correct. It isn’t intended to be trite, but it is simplistic. It is also totally, objectively accurate. This is an...

Weekend Update 2024_02_04

Weekend Report for Monday, February 05 Bottom Line: The SPX, NDX and DOW closed another week at all-time highs. The SPX and NDX have had higher weekly closes thirteen out of the last fourteen weeks. The RUT is lagging, and that is a concern for the overall bullish...

Weekend Update 2024_01_28

Weekend Report for Monday, January 29 Bottom Line: The SPX, NDX and DOW closed the week at all-time highs. The RUT has formed a well-defined Balance Area (see below). The direction of the breakout may determine the near term direction of the overall stock market, at...