Market Outlook™ – 01/17/20
Today’s Market Outlook:
Today, the S&P 500® finished a strong week with a 13-point gain on strong “expiration Friday” trading volume. The intermediate posture, long-term Market Sentiment and near-term line are all at strongly bullish levels. The small range today kept the momentum line lower. All the major indexes show similar patterns on their respective Market Forecast studies.