The $SPY is currently sitting on support. We will have to wait and see if it bounces up with volume with the help of institutions or will it break support and continue lower. The market has been headed lower, so keep your funds in cash until the next swing up.
This small cap stock market ETF is obviously going down with lower highs and lower lows. On Friday it broke even lower on volume. Otherwise, the market is very dangerous right now so be careful with your capital.
Over the past several weeks, REITs have been showing up on my screens where institutional buying has been occurring. STORE Capital Corp. was extended above its buy point, but it has come down in recent days and it is sitting in a buying area. Let’s see if institutions keep buying this REIT and provide it …
Over the past several weeks REITs have been showing up on my screens where institutional buying is occurring. Innovative Industrial Properties has been sitting around a buying area for a couple of weeks now. Let’s see if institutions keep buying this REIT and move it out of the range that it is currently in.
As Morningstar has been moving down in a Wedge pattern, will we see a double bottom before support comes in? This is a difficult market. You should be in cash waiting for the next swing up. Protect Capital at all costs.
Put an alert on your chart trading platform to see if Verisk reaches the support line illustrated on the graph. If it does reach the proper price level, watch the price action to see if it pops-up on volume showing institutional support.
With the stock market in this downtrend, has Alexion reached a support level at this price? The market tried to rebound today, but sellers dominated the price action. Protect your capital. It is a difficult market right now.
The S&P 500 stock chart is showing a range bound market that is right at the bottom end where support may come into play and move the market higher. Let’s see what happens. The market is still very volatile right now, so you should be in cash. If you feel the need to trade, you …
The NASDAQ stock chart is showing a typical downtrend with lower highs and lower lows. Where will it find the bottom for the next swing trade possibility? The market is still very volatile right now, so you should be in cash. If you feel the need to trade, you should only consider day trading until …
The Russell 2000 stock chart is showing a typical downtrend with lower highs and lower lows. Where will it find the bottom for the next swing trade possibility? The market is still very volatile right now, so you should be in cash.
