Selling pressure finally reappeared after a test of record ALL-TIME highs for SPY.
And the selling, for a change, came with a low TRIN reading...no sign of panic-like selling, so high potential for more distribution. Keep an eye on the 200period simple-moving average.
And the selling, for a change, came with a low TRIN reading...no sign of panic-like selling, so high potential for more distribution. Keep an eye on the 200period simple-moving average.
No comments:
Post a Comment