SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 677.48+0.3%Nov 5 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (52971)6/10/2020 5:55:33 PM
From: Johnny Canuck2 Recommendations

Recommended By
kidl
Return to Sender

  Read Replies (1) of 67671
 
Only time for a quick update.

SP500 and DOW essentially moving sideways at the overhead resistance levels we talked about.

COMPQ advancing to new high on accelerating volume but the concern is still that it is on the backs of a handful of tech stocks. Again a break of the old high will have traders moving to the sidelines of this index potentially re- tracing quickly.

DOW transport pulling back as are the Russell 2000, financials and energy. No severe damage yet but it indicates traders are getting selective and new highs on the SP500 and DOW can not happen without support from these broader sectors.



I can not repeat this enough "Have stop loss triggers in place".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News