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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (108907)7/29/2018 2:43:42 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218589
 
For the $SOX, I tend to agree, the only real concern here is the RUT, everything else could still skate by...

GZ



To: SGJ who wrote (108907)7/29/2018 3:34:46 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Machaon

  Read Replies (1) | Respond to of 218589
 
Actually, the DOW looks okay, just the RUT...

Realize, I'm not calling any top or bottom, I never do, I'm simply pointing out that the RUT gave a sell wiggle and the weekly NYSE p/c ratio has moved in to the sell zone...

And the FED is going to remove liquidity further on Tuesday, among other assorted indications of a possible decline...

It remains to be seen this week what the market itself does...

GZ