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  1. #1
    Today, the selling is too strong to be adding to the long position.
    wait and see



    Pascal

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  2. #2
    No improvement today: prices down and sellers active.

    Pascal

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  3. #3
    Still no short signal for now.
    Probability is about 50%.



    Pascal

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  4. #4
    As soon as the machines stopped buying, the market fell.


    Pascal

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  5. #5
    The morning breakout was bought but this move is fading fast now.
    Let's hope that the Fed comes to the rescue at the end of the day

    Pascal

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  6. #6
    Market still weak today: after opening low, the bounce attracted wide spread sellers as can be seen on the Cumulative Tick.

    Neither was the most recent SPY bounce supported by the 20DMF.

    This points to more weakness



    Pascal

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