Futures weak - 60-min set for a 'sell'

Futures point to a soft open following a day of gains. The 60-min charts are showing developing weakness with divergences between technicals and price. The Dow has a series of new highs on lower volume


The Russell 2000 has already triggered a 'sell' in the MACD.

Daily charts all bullish so this should be a retracement, not a return to the withering losses of before.



Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website

Popular posts from this blog

Markets attempt a swing low for the seven day decline

Low volume selling after Russell 2000 breakout

Minor losses pressure Thursday's reversal attempt