• 1,135 days Will The ECB Continue To Hike Rates?
  • 1,136 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,137 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,537 days Could Crypto Overtake Traditional Investment?
  • 1,542 days Americans Still Quitting Jobs At Record Pace
  • 1,544 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,547 days Is The Dollar Too Strong?
  • 1,547 days Big Tech Disappoints Investors on Earnings Calls
  • 1,548 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,550 days China Is Quietly Trying To Distance Itself From Russia
  • 1,550 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,554 days Crypto Investors Won Big In 2021
  • 1,554 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,555 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,557 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,558 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,561 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,562 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,562 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,564 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