• 782 days Will The ECB Continue To Hike Rates?
  • 782 days Forbes: Aramco Remains Largest Company In The Middle East
  • 784 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,184 days Could Crypto Overtake Traditional Investment?
  • 1,188 days Americans Still Quitting Jobs At Record Pace
  • 1,190 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,193 days Is The Dollar Too Strong?
  • 1,194 days Big Tech Disappoints Investors on Earnings Calls
  • 1,195 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,196 days China Is Quietly Trying To Distance Itself From Russia
  • 1,197 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,200 days Crypto Investors Won Big In 2021
  • 1,201 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,202 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,204 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,204 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,207 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,208 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,208 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,210 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

The Only Major Index - $NDX Holding Above its Support Line

Last week we posted the combination chart below (now updated) and there was one index that was holding above its support line during the past two days ... the NDX.

This week has been tough, and to the point where all five of the indexes had been below their support lines in the beginning. This is a high enough danger condition where the Fed could easily get involved.

This does not represent a strong market on the longer term, so investors should be very cautious.

Major Indices and Support Lines

 

Back to homepage

Leave a comment

Leave a comment