+ Reply to Thread
Results 1 to 3 of 3

Thread: Market

  1. #1

    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

    Name:  20DMF_RT.gif
Views: 1588
Size:  39.2 KB

    Name:  NQF.gif
Views: 1555
Size:  31.4 KB

    The longer term NQ view does not show much buying. It is just a technical bounce for now.


    Name:  NQF1.gif
Views: 1567
Size:  31.9 KB

  2. #2
    Join Date
    Apr 2014
    Location
    Pinehurst NC
    Posts
    7

    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

  3. #3
    Thank you Ralph!


    Not always easy to put instantaneous data in the broader context of the general market and central banks interventions.



    Pascal

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts