This morning was ugly. The three indexes with inside days (S&P 500, Nasdaq and Russel 2000) gapped below the range of their inside days. The Dow Jones Industrial Average (DIA) fared the worst with a gap below the 50 DMA, …
This morning was ugly. The three indexes with inside days (S&P 500, Nasdaq and Russel 2000) gapped below the range of their inside days. The Dow Jones Industrial Average (DIA) fared the worst with a gap below the 50 DMA, …
Rather than following the recent pattern of testing support in the morning and then grinding higher, the four major indexes found support in the morning and then spent the day chopping sideways. There are inside days in Nasdaq (QQQ), the …
Rather than following the recent pattern of testing support in the morning and then grinding higher, the four major indexes found support in the morning and then spent the day chopping sideways. There are inside days in Nasdaq (QQQ), the …
I refuse to be lulled into complacency, but this is starting to feel familiar. The past seven trading days have seen the indexes open the day by testing/searching for support. After the support has been tested, the indexes then began …
I refuse to be lulled into complacency, but this is starting to feel familiar. The past seven trading days have seen the indexes open the day by testing/searching for support. After the support has been tested, the indexes then began …
The morning was somewhat hair raising, as three of the four major indexes broke or threatened the low of last week. IWM and SPY broke the low but quickly recovered-closing higher. The Nasdaq (QQQ) held up the best. The Dow …
The morning was somewhat hair raising, as three of the four major indexes broke or threatened the low of last week. IWM and SPY broke the low but quickly recovered-closing higher. The Nasdaq (QQQ) held up the best. The Dow …
This low volume week can be considered one of choppy digestion and correction. The indexes drifted lower however, I’m not getting overly bearish at this point. Although, I am exercising caution and closely watching the support levels in the four …
This low volume week can be considered one of choppy digestion and correction. The indexes drifted lower however, I’m not getting overly bearish at this point. Although, I am exercising caution and closely watching the support levels in the four …
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