MARKET BREADTH NYSE
Net Advancing Issues -1,771
Net New Highs -93
Net Up Volume -3,162,752,659
TRENDS
*PRIMARY DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 11698
*SHORT TERM CONSOLIDATION | Ascending triangle | Prior support 11125 | Prior resistance 11698
CHART WATCH
The index fails to break the minor resistance. The short term consolidation morphs into an ascending triangle.
Net Advancing Issues -1,771
Net New Highs -93
Net Up Volume -3,162,752,659
TRENDS
*PRIMARY DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Corrective wave | Prior support 10827 | Prior resistance 11698
*SHORT TERM CONSOLIDATION | Ascending triangle | Prior support 11125 | Prior resistance 11698
CHART WATCH
The index fails to break the minor resistance. The short term consolidation morphs into an ascending triangle.
No comments:
Post a Comment