$SPY bearish flag development remains in place but underlying breath improved with >50% of stocks now above their 20-MA. China securities continues to exhibit its
Category: Market Updates
$SPY has been relatively flat over the last two week but it is worth to note on the development of a potential bearish flag in
Further deterioration in the market induced by a general lack of buyer conviction and presumably some ongoing tax-loss selling efforts. The selloff were broad based
$SPY net highs/lows remains in negative terorrity (-65) on a -ve turned +ve session. Major indexes trimmed their losses to end the week <0.2%, with
S&P500 was on an early washout (-2.9%), before losses were pare to reclaim the week’s low. Net highs/lows deteriorates to -238, while $QQQ is trading
Load More