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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 672.07-1.7%4:00 PM EST

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To: Johnny Canuck who wrote (52998)7/8/2020 7:51:21 PM
From: Johnny Canuck  Read Replies (1) of 67891
 
Most indices still in a sideways pattern.

COMPQ breaking out to new highs on strength of FANG stocks. The momentum is weak but there. The caution sign is the lack of increasing volume indicating caution on the side of traders.



Energy on a sell signal.



Traders caution being reflected in gold breaking out to new highs.

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