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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (53004)	7/13/2020 9:17:13 AM
From: robert b furman	Read Replies (1) \| Respond to of 67754

Hi Johnny. OK ,so you got my YIKES attention - <smile> Have a great day! Bob

To: Johnny Canuck who wrote (53004)	7/13/2020 7:49:19 PM
From: Johnny Canuck	1 Recommendation Recommended By Return to Sender Respond to of 67754

Most of the indices still stuck in a waiting patterns despite the intra-day volatility. Energy still on a sell signal. COMPQ is worth watching closely as the relative range of today's move was large and it ended up testing the congestion area from 4 to 5 days ago.The volume was extremely heavy. A break of that area or a another day with a range wider than today on heavy volume would leave the index vulnerable to more downside risk. Normally not a issue but this index lead the market out of the huge sell off in March and has lead the market up ever since. If it breaks down other sectors will potentially follow.