Market Correction Paves the Way for Renewed Rally
Friday delivered a small riposte to Thursday's big gains, but this rally from December lows needs a larger consolidation to help digest those gains. Breakouts and the moving...
Friday delivered a small riposte to Thursday's big gains, but this rally from December lows needs a larger consolidation to help digest those gains. Breakouts and the moving...
The recent breakouts in the Nasdaq and Russell 2000 (via IWM) now find themselves on the wrong side of the support. There hasn't been a total collapse, selling volume was down in...
Friday was a clear victory for the Nasdaq Composite Index with a breakout to go along with higher volume accumulation and a close above the 200-day MA. Nasdaq technicals retained...
Last | |||||||
|---|---|---|---|---|---|---|---|
| IWM | 194.59 | -1.22% | 6.75M | ||||
| VTWO | 78.56 | -1.16% | 356.57K | ||||
| SPSM | 41.32 | -1.48% | 111.59K |
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell | Strong Buy | Neutral |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Buy | Buy |