Index TA
A lot of technical bullish action last week
DJI from below Q4P & OctP to above all - dealing with falling 50MA though
SPX same
RUT held 2HP & D200MA, above all pivots
NDX laggard actually, still below Q4P & OctP
Confirmed by VIX VXX SVXY, usually works
But...
A lot of technical bullish action last week
DJI from below Q4P & OctP to above all - dealing with falling 50MA though
SPX same
RUT held 2HP & D200MA, above all pivots
NDX laggard actually, still below Q4P & OctP
Confirmed by VIX VXX SVXY, usually works
But...
Weekly charts show mostly sideways since July on DJI SPX NDX and 10MAs (arrows) have rolled over negative
Will the current +s be enough for indexes to test highs again? Perhaps, I think so...
But there are some levels to watch, daily 50MAs, near these weekly 10MAs
Will the current +s be enough for indexes to test highs again? Perhaps, I think so...
But there are some levels to watch, daily 50MAs, near these weekly 10MAs
Main risk to stocks might just be yields up
Also this would hurt tech the most
TNX on the move after recently holding D200, 2HP, above all pivots, all daily MAs + slope
Weekly chart looks different & Sun cnj Mars was driving recent push but if yields keep going maybe trouble
Also this would hurt tech the most
TNX on the move after recently holding D200, 2HP, above all pivots, all daily MAs + slope
Weekly chart looks different & Sun cnj Mars was driving recent push but if yields keep going maybe trouble
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