Another low traffic day for the blog

Markets do little, so blog traffic goes down. It's only when there is fear in the market does blog traffic spike.  Today belonged to the low traffic day.

The Nasdaq was able to hold above breakout support as it works to clear the February swing high. Technicals are still net positive, although there was a relative performance 'loss' versus the Russell 2000. Nothing to get too concerned about.

The S&P has done little over the past few days, bar a 'sell' trigger in the MACD, but other technicals are fine. 


The Russell 2000 is also holding its breakout with all technicals net positive, including relative performance.


It doesn't look like there is much to consider based on recent action.  Come back when we are busier. 


You've now read my opinion, next read Douglas' blog.

Share on StockTwits

---

Accepting KIVA gift certificates to help support the work on this blog. All certificates gifted are converted into loans for those who need the help more.

Follow Me on Twitter


Investments are held in a pension fund on a buy-and-hold strategy.

.

Popular posts from this blog

Round 2 for the bearish "black" candlestick in S&P and Nasdaq

Being "Right" but still losing...

Friday's gap downs bring indices close to support. Semiconductor Index at 200-day MA.

Archive

Show more