The market has been bull’ing its way higher for much of the year, taking small breathers along the way.
Well, the stock market is pausing again here at price resistance. With each pause, investors need to follow closely to make sure the market doesn’t rollover (and follow their plan and timeframe).
In today’s video we look at key market indicators and price levels to watch. We also highlight strong / weak stocks and sectors. Here’s an overview:
Stocks Pause as the S&P 500 is Overbought Near Resistance
Health Care Underperformance is Not a New Development
Momentum Stocks Break Below Relative Support
Stock Market Today Video – April 18, 2019
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
