The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …
The market began the month and quarter testing the fast moving averages then retreating. Whereas the market internals in the S&P 500 turned positive in the short term, NASDAQ 100 turned slightly negative. The overall trend remains bullish, volume patterns …
Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …
Nagging 4th distribution day in volume ending the month in NASDAQ 100 and S&P 500. That looks to be saying the market wants lower after the Thursday bounce that could not reach the fast moving averages. But, QQQ and IWM …
And right on cue, a rally to resistance as none of the indexes were able to test or clear the fast moving averages. But certainly, in the face of some anemic economic numbers, they did indeed bounce off the lows-and, …
I took the day off from trading. As such, I could step back a bit and digest the last several days. The fact that the drop happened quickly (over the last couple of days) is concerning but, the drop is …
I took the day off from trading. As such, I could step back a bit and digest the last several days. The fact that the drop happened quickly (over the last couple of days) is concerning but, the drop is …
Nasty yet an oversold 2-day Relative strength indicator in many instruments. Also, a distribution day in volume. The weekly and monthly RSIs are not oversold. More important, is that AAPL dropped precipitously and GOOG might have had a key reversal …
Nasty yet an oversold 2-day Relative strength indicator in many instruments. Also, a distribution day in volume. The weekly and monthly RSIs are not oversold. More important, is that AAPL dropped precipitously and GOOG might have had a key reversal …
Low volume nothing day to begin the week. And, pretty much expect it to stay quiet again for the next couple of days. That means a quiet choppy drift, which will be good for a resumption of the rally.
S&P …