Trends for Major Indices as of Wednesday, January 22nd 2020

CNBC says Tesla short-sellers could help Elon Musk score a payday worth hundreds of millions.

Nasdaq

  • Long-term: Up
  • Intermediate: Up
  • Short-term: Up

S&P

  • Long-term: Up
  • Intermediate: Up
  • Short-term: Up

Russell 2000

The Russel 2000 closed just below it’s 10 day moving average, changing the short-term trend to down.

  • Long-term: Up
  • Intermediate: Up
  • Short-term: Down

Have a happy Wednesday!