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 …
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 …
S&P 500 closed out the week down with an inside day. It also closed resting on the fast moving average which means Monday will be telling about whether or not this it's due for more correction, or ready to rally …
S&P 500 closed out the week down with an inside day. It also closed resting on the fast moving average which means Monday will be telling about whether or not this it's due for more correction, or ready to rally …
All week I called for a correction and test of the fast moving averages. Although not all indexes hit the mark perfectly, Russell 2000 (IWM) and S&P 500 (SPY) did. Now, will the bull market resume? Good question for Siri. …
All week I called for a correction and test of the fast moving averages. Although not all indexes hit the mark perfectly, Russell 2000 (IWM) and S&P 500 (SPY) did. Now, will the bull market resume? Good question for Siri. …