Bye Bye rally...

Trade Mike made a good point about the oversold nature of this drop. The Trade Ideas scan had been showing similar lackluster buying. The Russell 2000 has to have some good short term potential - if only to take it back to the 200-day MA:

The Nasdaq is loitering near support and could have merits here. Moneyflow remains interesting:

Apologies for the light posting over the last couple of days as I prepare for the Ph.D. defence of a student.

Popular posts from this blog

Nasdaq primed for breakout

S&P "Bull Trap"?

"Black Candlesticks" are a concern for the S&P and Nasdaq


Show more