Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: DJI and Russell 2000 Breaking Out; Staying Bullish; Bullish Developments Continue and more

In today’s briefing:

  • DJI and Russell 2000 Breaking Out; Staying Bullish; Bullish Developments Continue


DJI and Russell 2000 Breaking Out; Staying Bullish; Bullish Developments Continue

By Joe Jasper

  • We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass). We will maintain our bullish outlook as long as…
  • …market dynamics remain healthy and the SPX is above 6028-6059. Short-term supports on SPX include 6400-6410, the 3-month uptrend (currently at ~6380), 6200, 6100-6150, and 6028-6059
  • Bullish Developments Continue: DJI and Russell 2000 Breakouts and Much More

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