By the way, my rudimentary charts show TNA and SPY prices have now crossed above the 10 day SMA. In both cases the 3 day SMA already surpassed the 5 day and are showing the potential to surpass the 10 day. I also see these as positive moves.
I worry we may be in a bit of a holding pattern until AAPL reports...and I think that day will involve some craziness and it may take some time for the dust to settle. I don't like the way AAPL prices have taken such precedence in general market health analysis, but so it goes.
I worry we may be in a bit of a holding pattern until AAPL reports...and I think that day will involve some craziness and it may take some time for the dust to settle. I don't like the way AAPL prices have taken such precedence in general market health analysis, but so it goes.