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


To: Johnny Canuck who wrote (53290)10/27/2020 4:20:00 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 69248
 
SP500 breaking out of the short term sideways trend that was near the intermediate term uptrend line. Another down day tomorrow confirms a negative trend.



Same comment on DOW as SP500.



DOW transports seeing huge volume as it breaks out of the short term sideways pattern. Again another down day tommorrow on a closing basis would cause more selling. Psychology on the verge of a big change?



DOW transporting still sideways.



Another down day on the COMPQ would confirm a sell signal.



Financials still sideways.



Energy still on a sell.



Gold sideways.



Silver in short term sidways pattern.