• 15 hours Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 21 hours Where To Look As Gold Miners Inch Higher
  • 2 days Google Faces Billions In Fines From European Regulators
  • 2 days The Energy Industry Has A Millennial Problem
  • 3 days Russian Banks Scramble For Sanction Loopholes
  • 3 days Gold ETFs Take A Hit After Four-Month Run
  • 4 days European Union Takes Aim At Ten New Tax Havens
  • 4 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
  • 4 days $600 Billion At Risk As Boeing Fallout Continues
  • 4 days Venezuela Has Yet Another Crisis Developing
  • 5 days Wells Fargo Accused Of “Ongoing Lawlessness”
  • 5 days Hollywood Agency Returns $400M Investment To Saudi Wealth Fund
  • 5 days Why Twitter's CEO Is Backing A New Bitcoin Boom
  • 5 days U.S. Treasury To Employ “Extraordinary Measures” To Fend Off Default
  • 6 days Lobster, Golf Carts And Fidget Spinners: What’s In The Federal Budget?
  • 6 days Italy Launches New Welfare Experiment
  • 6 days There Is No Catch-All Solution To Climate Change
  • 6 days Is Now The Right TIme To Invest In Gold?
  • 7 days The Kremlin Moves To Control The Internet
  • 7 days Tesla's Latest Breakthrough Can Reduce Charge Time By 50%
The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

  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