• 4 hours China Slaps Alibaba With Record $2.75B Antitrust Fine
  • 1 day The Pandemic Has Culled The Middle Class
  • 2 days Legacy Automakers See Massive Spike In Sales
  • 3 days Tesla's Biggest Competitor Is Going Cobalt-Free
  • 4 days Stocks That Could Benefit From Biden’s $2.5 Trillion Infrastructure Plan
  • 6 days The Mafia Has Expanded Its Influencer Under COVID-19
  • 7 days How Fintech Will Get Skeptics Into Crypto
  • 8 days Monday Markets Rise On Stellar Jobs Report
  • 11 days Not Even Bribery Allegations Can Crush Cannabis Boom
  • 15 days Canada May Become Leader In Booming Battery Market
  • 16 days Nearly 42% Of All Amazon Reviews Are Fake
  • 17 days Kidnapping Is Big Business In Nigeria
  • 18 days COVID Fraud Amounts To Nearly $570M
  • 21 days Art Is Now An Algorithm
  • 22 days TikTok Threatens America, Tesla Threatens China
  • 22 days Small-Cap Energy Sectors With Big Upside
  • 26 days Coinbase Valued At $68 Billion Ahead Of IPO
  • 28 days 3 Stocks To Watch Amid AstraZeneca Covid Vaccine Snafu
  • 29 days Get Ready For First Tax Hike Since 1993
  • 32 days Tech Majors Bet Big On Clean Energy
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  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