Indexes - simple technical approach, pivot & MA status
DJI - above all pivots, above all MAs, nearly all with rising slope (10 50 100 200, not 20)
SPX - same as DJI
NDX - same if maintains today's close
RUT - weak link for months, no surprise, under 3 pivots, under MAs but 10M starting to slope up & may recover HP & QP with further rally, TBD
ARKK - even worse below YP & MAs, but interesting parallel with BTC lows. ARKK close low 12/3, price low 12/6, retest 12/15
Oh ps NYA also held above all pivots and this is usually reliable; above 10 20 100 200 but not yet 50 and slope still down on 20
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VIX - tested pivots again today, below all pivots - not yet on MAs though
VXX - under all pivots & MAs
SVXY (inverse) - above all pivots, 4/5 MAs
Also note bear sentiment extreme just reached
And then astro, Venus station ahead, should pull up everyone's favorites
Could this be bull trap? Eh maybe if Moon in Taurus is getting most lift from Venus station but usually this coordinated technical action means continuation
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