As of 04/13/2018, the S&P 500 cash index formed a weekly swing low. The low occurred in the week of 04/06/2018 appears to be the weekly cycle low. It has been 10 weeks since the January high to produce this weekly cycle low.
As of 04/13/2018, the S&P 500 cash index formed a weekly swing low. The low occurred in the week of 04/06/2018 appears to be the weekly cycle low. It has been 10 weeks since the January high to produce this weekly cycle low.
On Friday April 06, the current administration talked harshly against China about the trade imbalance. They even showed openly that they didn’t care about the market selloff. It really makes you wonder if the white house wanted the market to go down for the first half of 2018, so You need to login to view […]
It’s been volatile 9 weeks since the 01/26/2018 high was made. The market closed the month of March and first quarter both on the weak side. It is stuck in a neutral position. The 200 day moving average supported the selloff twice. Is it over? You need to login to view the rest of the […]
The tech sector leadership has been destroyed today. The FANG stocks have suffered reputational damage from the Facebook data scandal. On top of the bad news, the beloved Nvidia also tanked due to the fatal accident involving a self-driving car. You need to login to view the rest of the content. Please Login. Not a […]
In three days, the DOW traveled down 1400 points. It can make any investor nauseous. This is the precise time that requires emotional discipline. A emotional reaction will do its best to separate you from your hard earned money. You need to login to view the rest of the content. Please Login. Not a […]
While NASDAQ has taken out the Jan 2018 high two weeks ago, S&P 500 cash index just registered a weekly buy signal, the DOW is lagging behind. The daily DOW index is tightly contained in a triangle. The divergence between DOW, NASDAQ and S&P 500 is reflecting the deep concern of the trade war.
