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Jim Wyckoff

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U.S. stock indexes trending up

August 11, 2022 by Jim Wyckoff

The U.S. stock indexes are trending higher on the daily bar charts and this week hit three-month highs. The bulls are in firm near-term technical control. The “sell in May and go away” old stock market adage did not work so well this summer. However, veteran stock market watchers know the potentially and historically turbulent months of September and October lie just ahead. The key question for stock index traders is whether price uptrends can be sustained during these two critical trading months. Stay tuned! —Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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