• 852 days Will The ECB Continue To Hike Rates?
  • 853 days Forbes: Aramco Remains Largest Company In The Middle East
  • 854 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,254 days Could Crypto Overtake Traditional Investment?
  • 1,259 days Americans Still Quitting Jobs At Record Pace
  • 1,261 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,264 days Is The Dollar Too Strong?
  • 1,264 days Big Tech Disappoints Investors on Earnings Calls
  • 1,265 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,267 days China Is Quietly Trying To Distance Itself From Russia
  • 1,267 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,271 days Crypto Investors Won Big In 2021
  • 1,271 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,272 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,274 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,275 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,278 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,279 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,279 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,281 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Update

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

The IWM was below its thick black resistance line. The NYA was below its thick black horizontal resistance line.

The IWM (the ETF for the Russell 2000) is the concern now.  This is the weak link in the chain, so keep a careful eye on the IWM now and be extra cautious in the market.

Institutional Index of Core Holdings, NYA Index, SPY, NDX and IWM Charts

 

Back to homepage

Leave a comment

Leave a comment