The market fought its way into the green today, but sold off hard in the close, with the major indexes closing at their lows of the day, each of the three down –2 to -3%.
Last week, I posted charts of the major indexes and their corresponding inverse ETF’s, which all showed triangle or pennant patterns […]
Just a quick post tonight due to time constraints. Friday morning looked like it was going to be one for the history books. The foreign markets were plummeting, and the US markets were doing the same pre-market. But the market made a stand, and the major indexes closed down around “only” –3.5%. Volume was a […]
Today was an extremely volatile day. Like yesterday, the market rallied into the close. Unlike yesterday, the Dow and S&P 500 closed higher. Only the NASDAQ closed lower. It hit a new low intraday, which can be seen here in the chart of QQQQ:
QID, a chart I posted here last night, provided a fantastic day […]
