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. …
Today was the day the market needed to get some legs. Instead, it was more on its knees for the crawl. Nothing horrible has happened, but the near-term internals signaling somewhat bearish along with the longer term internals still very …
Today was the day the market needed to get some legs. Instead, it was more on its knees for the crawl. Nothing horrible has happened, but the near-term internals signaling somewhat bearish along with the longer term internals still very …
Second day of low volume correction, which is bullish action. And AAPL, GOOG leading the charge. I see last couple of days as a gift should markets firm from here. We have established areas of support to hold and reference …
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