Little change for markets

There was little change for markets between Friday and Monday.  Only the Russell 2000 is indicating it might lose more ground, although it hasn't lost support of its 50-day MA yet. 

For the Russell 2000, the MACD is still holding to a 'sell' trigger, along with a strong 'sell' in ADX and relative performance.

The Nasdaq consolidated Friday's gain as it remained above support. There was no change in the technical picture.

Likewise, there was little more to say on the S&P.

Sometimes, the markets do nothing when the headlines are elsewhere.   

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

Nasdaq primed for breakout

S&P "Bull Trap"?

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


Show more