Hello, askSlim Community!
The Market Week “minutes” are taken from our Free weekly Market Week shows, where 47-Year Professional Stock, Futures, and Options Trader, Cycle Analyst Pioneer, and founder of askSlim.com, Steve “Slim” Miller, reviews what transpired in the financial markets during the week and provides a technical outlook in time, price and direction. Enjoy!
If you would like to watch this week’s Market Week show from the start, you can do so below. Otherwise, you can click on underlined titles below to open video topic starting points where Slim begins his analysis:
NOTE: Click on underlined titles to open video topic starting points where Slim begins his analysis
WEEK IN REVIEW
- Market Recap and General Outlook
- Indexes surged to the upside as investors looked past Iran war
- Iran says the Straight is open during cease fire, plunging Oil price
- The magnitude of rally in the stock market is a surprise though the timing is correct
- Soon investors will have to face the pre-war macro: oil won’t be a support
- For the week, SPX is up over 4%, NDX 6%, RUT 7% & Dow 3.4%
ASKSLIM LIVE QUESTIONS AND ANSWERS – CHART ANALYSIS
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STOCK MARKET ANALYSIS – HISTORICAL COMPS
STOCK MARKET ANALYSIS WITH THE ASKSLIM MARKET CONDITION MONITOR PRO
STOCK MARKET ANALYSIS
- S&P 500 (SPX)
- A possible broadening top forming – Weekly chart
- Historical comps suggest a top is being formed
- Still powerful to the upside for short term traders
- Projecting a pullback into next week to around $6950.- $7000 before moving up again – Daily chart
- Very positive conditions, momentum getting better – Daily chart
That’s the show for this week!
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