Daily Technical Strategy
Technology & Discretionary Vs. Staples both show potential to push even higher into August
BULLISH TRENDS HAVE BEGUN TO REEMERGE AFTER QQQ’S MOVE ABOVE 551.63, WHILE SPX ALSO MANAGED TO ACHIEVE A NEW ALL-TIME HIGH CLOSE ON A DAILY...
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Daily Technical Strategy
Support and Resistance levels for Super Granny & Super SMIDS
NO REAL CHANGE TO YESTERDAY’S THESIS AS PRICE TRENDS HAVE NOW GROUND SIDEWAYS FOR THE BETTER PART OF TWO WEEKS. TRENDS FOR BOTH SPX AND QQQ...
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Daily Technical Strategy
Distribution begins, yet Technology strength helps QQQ to hold up
ARGUABLY, THE TREND FOR BOTH SPX AND QQQ REMAINS BULLISH, WHILE SOME SHORT-TERM TREND DAMAGE DID HAPPEN WITH RSP AND IWM, WHICH MAKES THESE MORE...
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Daily Technical Strategy
No reason to distrust Financials heading into Bank earnings
SHORT-TERM TRENDS REMAIN BULLISH, AND DAILY MOMENTUM GAUGES HAVE HIT OVERBOUGHT LEVELS WHILE DEMARK EXHAUSTION COULD MATERIALIZE USING MULTIPLE METHODS WITHIN THE NEXT FEW DAYS...
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Daily Technical Strategy
Discretionary nearing intermediate-term resistance after sharp run-up
SHORT-TERM TRENDS REMAIN BULLISH, AND DAILY MOMENTUM GAUGES HAVE HIT OVERBOUGHT LEVELS WHILE DEMARK EXHAUSTION COULD MATERIALIZE USING MULTIPLE METHODS WITHIN THE NEXT FEW DAYS...
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Daily Technical Strategy
Biotech breakout helps to fuel Healthcare outperformance
SHORT-TERM TRENDS REMAIN BULLISH, AND DAILY MOMENTUM GAUGES HAVE HIT OVERBOUGHT LEVELS WHILE DEMARK EXHAUSTION COULD MATERIALIZE USING MULTIPLE METHODS WITHIN THE NEXT FEW DAYS...
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