Tuesday, November 05, 2019

US Market Outlook as at November 4, 2019

DJIA made new high yesterday- joining Nasdaq which made new high last Friday (November 1). As noted in my previous post, S&P500 made new high last Monday (October 28). With all 3 main market barometers having achieved new high, it is now confirmed that US markets' uptrend will continue.


Chart 1: DJIA's daily chart as at Nov 4, 2019 (Source: Stockcharts.com)


 Chart 2: Nasdaq's daily chart as at Nov 4, 2019 (Source: Stockcharts.com)


Chart 3: S&P500's daily chart as at Nov 4, 2019 (Source: Stockcharts.com)

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