THE CLOSE
Hard to believe that markets closed in the green - small and the SPX is another 3 points closer to the target of 1,000.
Strong sectors- gaming, banks, homies, brokers and real estate- laggards - consumer, retail, internets and energy.
Internals- - a nice flip to green on the SPX with 300 green and 200 red.
Up volume almost double the down.
Tomorrow is probably Turnaround Tuesday- and that dip no doubt gets bought for a rip later in the week.
RSI 2 pretty meaningless in light of market strength - for now just keep buying the dip as all sells become bad.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home