• 385 days Could Crypto Overtake Traditional Investment?
  • 390 days Americans Still Quitting Jobs At Record Pace
  • 392 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 395 days Is The Dollar Too Strong?
  • 395 days Big Tech Disappoints Investors on Earnings Calls
  • 396 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 398 days China Is Quietly Trying To Distance Itself From Russia
  • 398 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 402 days Crypto Investors Won Big In 2021
  • 402 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 403 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 405 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 406 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 409 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 410 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 410 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 412 days Are NFTs About To Take Over Gaming?
  • 413 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 416 days What’s Causing Inflation In The United States?
  • 417 days Intel Joins Russian Exodus as Chip Shortage Digs In
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Monday Update

As of last Friday's close, the trend had not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes. (Struggling yes, but down trending no.)

The Institutional Index, the SPY, and the NDX./QQQ, and IWM were above their  thick black horizontal support lines.

The NYA was below its thick black horizontal resistance line.

The reality is that the IWM (the  ETF for the Russell 2000) had its relative strength at a negative level, so it is at a Danger level where the ETF could change to the downside quickly, especially after the Presidential election.

Institutional Index of Core Holdings

 

Back to homepage

Leave a comment

Leave a comment