Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Johnny Canuck who wrote (56742)	6/27/2023 1:19:48 AM
From: Johnny Canuck	Read Replies (1) of 67834

bigcharts.com still acting strange. Does anyone have another source for charts that are easy to cut and paste to siliconinvestor.com. FINVIZ and stockcharts.com require screen shots and I do not have the time or the interesting in doing that much work. Uptrend on SP500 is technically broken but interestingly not breaking down yet. It has a negative bias so be careful. DOW back below previous 52 week high. Bias in now negative. DOW transports has potential to re-establish short term uptrend. Keep in mind it never confirmed the high in the DOW by making it own 52 week high. Overall view is old economy stocks have a negative bias. DOW utilities indicate bond traders have no idea with long bonds are going. COMPQ violated uptrend channel today. If it confirms tomorrow then look for more profit taking. Russell 2000 has gone negative.Risk off for small caps. Financial still trapped in sideways pattern. Definitely not a sign of a healthy economy.. Energy still on the defensive. It has been near a 52 week low for the last few months.

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