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Strategies & Market Trends : General market lab and commentary
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Robohogs who wrote (214)2/28/2016 9:27:19 PM
From: Robohogs  Read Replies (1) of 668
 
Helene feed in bullet points:

  • HYG over 50 dma first time since October. JNK longer than that.
  • The RUT is up 11% from the low. Soon it will no longer be in a bear market :)
  • The Transports should be watched. (Concerned - JR edit here)
  • Once everyone decided the Transports were great they failed at resistance. Y'see how that works?
  • The SOX crossed over its 50 dma.
  • RUT has been red only two days in the last ten trading days.
  • NYSE Unweighted Index now 1% higher than early February. pic.twitter.com/zOALll92v3
  • Most new highs for Naz since before New Years
  • To her: @hmeisler this is starting to feel more like the Fall after we made the higher low... (JR comment: this is the crux as that was when mkt rallied despite overbought)
  • To her: @hmeisler Most of your fellow technicians- DeGraf, Rich Ross, etc are still saying “it’s still a bear market, this is only a bounce"
  • @dasan i'm not writing tonite but i'd stand by what i wrote thursday morning still. (JR: Bearish ST and LT but uncertain LT)
  • MarketVane Bulls not exactly hopping on board the bull train yet either. pic.twitter.com/2cgaz0YGxh
  • Squint hard and you can see the Consensus Bulls finally coming around again. @michaelsantoli pic.twitter.com/nIW4sfgxj6
  • Highest put/call ratio for the VIX since 1/22. Was it just 2/5 that they were all betting on a higher VIX?
  • Serious uptick in Citi Panic/Euphoria Model. pic.twitter.com/79gQjVgZHR
  • Insiders showing some life. Finally. pic.twitter.com/Ibd3lFo789


Jon
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