Considering how most Monday's have traded in the past, today was downright boring. But after last week's gains should it surprise us?
No economic reports today, and none on tap for tomorrow either.
Today's charts:
No real damage done here, still on a buy, but notice how high the 6 day EMA has risen. It could move higher, but every day increases the odds for some selling pressure.
We're on a buy here too and the 6 day EMA is also climbing...fast.
TRIN just did flip to a sell today, while TRINQ dipped lower, but remains on a buy.
BPCOMPQ hasn't had a down day in a while and today was no expception. Still rising.
Not much change to either the Top 15 or Top 50 today so I'll hold off posting those charts for now. The Seven Sentinels remains on a buy and still see no chance of rolling over this signal. A dip is overdue, but I'm not so sure we'll see enough pressure to do a lot of damage. But that's today's read, and things could change quickly. But until they do we're probably moving higher.
I will be on travel starting tomorrow so my posting will be sporatic. It's possible I may not get to post in my blog at all, so if that happens I'll try to make some comments in my account talk thread instead. Until then, have a great evening.
No economic reports today, and none on tap for tomorrow either.
Today's charts:
No real damage done here, still on a buy, but notice how high the 6 day EMA has risen. It could move higher, but every day increases the odds for some selling pressure.
We're on a buy here too and the 6 day EMA is also climbing...fast.
TRIN just did flip to a sell today, while TRINQ dipped lower, but remains on a buy.
BPCOMPQ hasn't had a down day in a while and today was no expception. Still rising.
Not much change to either the Top 15 or Top 50 today so I'll hold off posting those charts for now. The Seven Sentinels remains on a buy and still see no chance of rolling over this signal. A dip is overdue, but I'm not so sure we'll see enough pressure to do a lot of damage. But that's today's read, and things could change quickly. But until they do we're probably moving higher.
I will be on travel starting tomorrow so my posting will be sporatic. It's possible I may not get to post in my blog at all, so if that happens I'll try to make some comments in my account talk thread instead. Until then, have a great evening.
- and, THANX !
