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


To: Johnny Canuck who wrote (59407)7/8/2024 3:10:54 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70241
 
I will do an index update after Monday's session. A trading shorten week always leads to a more volatile open.

It is pretty much a mixed bag right now. Consumer discretion at new high so consumer confidence is high. DOW and DOW transports still lagging so something is wrong with the old economy. DOW utilities and TLT not sure interest rates are going lower short term.

SP500, COMPQ at 52 week highs.

Advances on major indices not over yet but cracks are forming in other sectors.