Having issues with YouTube or my recorder, cant figure out which right now, so no Stock Market Trading Watch List video tonight.
Here are my thoughts:
Ugly way to end the month, but being overbought it wasn't that much of a surprise. The NASDAQ 100 performed the best, and volume pulled in on the NASDAQ side, so a good sign. The Russell also held up well, relative to how it's been moving.
Banks and Brokers go creamed, while the Cyclicals and XLB also under-performed. This is NOT good.
Still Bullish here and looking for support on a test down, but I want to see a Bullish volume pattern and recent leaders act well.
Have a great trading day on Tuesday!
tiny
No comments:
Post a Comment