Friday, June 23, 2017

US Markets

All my charts on Dow, Nasdaq and S&P are flashing red. Its time to de-risk, the axe could fall anytime. Dow transport continues to lag Dow Industrial, a signal in Dow theory that the current rally in Dow could lose steam soon. Rusell 2000 falling behind S&P is also show a bearish divergence signal in that the big caps rally is not spill over to the small caps.

All posts and charts are for educational and illustration purposes only

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