• 1,094 days Will The ECB Continue To Hike Rates?
  • 1,094 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,096 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,496 days Could Crypto Overtake Traditional Investment?
  • 1,501 days Americans Still Quitting Jobs At Record Pace
  • 1,503 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,506 days Is The Dollar Too Strong?
  • 1,506 days Big Tech Disappoints Investors on Earnings Calls
  • 1,507 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,509 days China Is Quietly Trying To Distance Itself From Russia
  • 1,509 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,513 days Crypto Investors Won Big In 2021
  • 1,513 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,514 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,516 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,517 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,520 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,521 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,521 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,523 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  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