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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 670.97

+0.1%

Nov 7 4:00 PM EST

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To: Johnny Canuck who wrote (52536)	7/20/2016 3:27:02 AM
From: Johnny Canuck	1 Recommendation Read Replies (1) of 67797

Quick index update. SP500 and DOW seeing some indecision short term after a decent rally above the previous high. DOW transports confirming a lower low and not confirming the new high on the DOW. Agriculture breaking the intermediate uptrend line today. It needs confirmation tomorrow but expect lower lows if it does not confirm the break tomorrow. CORN still expect lower lows. Financials still lagging and not able to set a new high yet. Energy still waiting. Gold seeing some profit taking but the intermediate trend still remains up.

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