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.

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