Follow These 3 Charts to See if the Rally Will Continue
I’m expecting an oversold rally this week. The question is, will it be successful? It depends on these three charts.
I’m expecting an oversold rally this week. The question is, will it be successful? It depends on these three charts.
A big down day yesterday, followed by a rally today. Let’s check in to see how investors are feeling.
Let’s chat about market sentiment, that pesky head and shoulders top, and moving averages.
Let’s answer a reader’s important question today about the Nasdaq.
Today was a pathetic excuse for a rally. But here’s what I’m watching.
The data and statistics say we should see more corrective action, but we also got one or two extremes from Friday’s action.
It’s an either/or market. The others made their move today, but the VIX may be ready to pop.
Between new lows and an increase in downside volume it’s safe to say selling picked up quite a bit Wednesday.
As tech gets long in the tooth and traders get tired of those same old extended names, are they taking advantage of other market segments?
Let’s look at key indicators to see when momentum begins to decline.