-
3 Attachment(s)
Market
Tech stocks are trying to bounce here, but both the 20DMF and the CTick shows a negative divergence to SPY.
For now, the market does not collapse because of hope that the Nasdaq is oversold and will bounce from here.
Pascal
[ATTACH=CONFIG]40954[/ATTACH]
[ATTACH=CONFIG]40955[/ATTACH]
The longer term NQ view does not show much buying. It is just a technical bounce for now.
[ATTACH=CONFIG]40956[/ATTACH]
-
Thanks Pascal
Always a lot of good information.
Always to the point.
Other sites would take 5 paragraphs to express the same information.
Regards,
Ralph
-
Thank you Ralph!
Not always easy to put instantaneous data in the broader context of the general market and central banks interventions.
Pascal