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


To: Johnny Canuck who wrote (59213)5/14/2024 2:17:02 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69251
 
Abbreviate index update.

No change from the reads on the weekend. Markets are essentially waiting for inflation data tomorrow.

Again we need a new high to confirm a new buy signal.

SP500, DOW and COMPQ near 52 week highs.

DOW transports still signalling caution on potential new 52 week high.

Financials also near 52 weeks high indicate a stable economy.