Yesterday was a bust. About 30 minutes before I needed to leave for the airport, I had one of those kidney stone attacks that had me doubled over in pain. All I can say is thank goodness for pain killers.
While I made my plane, I wasn’t able to post at all. This morning, with the pain level more tolerable, I’ll catch everyone up on our charts.
Futures continue to be all over the map, buffeted by rumors of trade deals done and trade deals stuck. Currently, they’re up slightly.
continued for members…
Still waiting for a backtest of the broken channel, but the SMA200 is just ahead and exerting a pull.
RSI continues to suggest that we’re overdue for a downturn.
COMP is just below its .618 and the channel top, also with its SMA200 just above.
RSP also tested its .618 yesterday.
Currencies continue to be on the sidelines – not much influence in either direction.
Oil and gas are also not doing much as far as stocks are concerned.
But, TNX seems to be feeling a little buying pressure all the same.
GLTA