I don't care to IFT into stocks on a Friday, especially if the technicals don't line up. Call it Superstitious if you will, I would just hate for bad news (war/oil related) to come out over the weekend while I'm stuck in stocks.
Anyways here is a look at the number of S&P 500 stocks above their 50, 150, & 200 day moving average. While we did have a significant drop in the $SPXA50, this chart shows we can still drop further.
Thanks for reading and have a great weekend!!!
Anyways here is a look at the number of S&P 500 stocks above their 50, 150, & 200 day moving average. While we did have a significant drop in the $SPXA50, this chart shows we can still drop further.
Thanks for reading and have a great weekend!!!
