
Breadth for the day ended at a measly 1.49:1, decliners, and that equals boring!!!
Not much has changed from yesterday, the trend still remains down as all signals are in sell mode, and no higher highs were made today. The biggest news of the day, was the "Death Cross", where the 50 day MA crossed over the 200 day MA right before the close.
I hope everyone enjoys the week-end, and please keep it safe!!!!
I plan on doing a large update over the week-end so check back occasionally.

7:27, I have that sneaky suspicion that not much will get resolved today, as traders bail out early for the long week-end, creating a low volume day, with a slight bullishness to it, as nobody wants to commit until after the holiday week-end
Enjoy the 4th my friend!
ReplyDeleteThank-you Quality :)
ReplyDeleteI hope you and your loved ones the same!!!
Sensible analysis as always Michael.
ReplyDelete