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S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,658.00
(
0.32%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.18
(
0.27%
)
Bitcoin
62,856.46
(
-0.30%
)
Post# of 46542
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jxyzobrien

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jxyzobrien

Re: None

Sunday, 08/23/2015 11:52:38 AM

Sunday, August 23, 2015 11:52:38 AM

Post# of 46542
Confirmation
FIFO- nyse summ index ,transports then Dow topped first so
those will probably bottom first. I saw selling exhaustion volume
on many daily's but of course we need a reversal candle and of
course the weekly's have to confirm too.

Weekly volume was not that bad. Many indices broke the 100 Da MA
so a touch of the rising 200 da ma for weak ones is normal.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&b=5&g=0&id=p72644981170
http://stockcharts.com/h-sc/ui?s=%24INDU&p=W&b=5&g=0&id=p18120227238
http://stockcharts.com/h-sc/ui?s=%24TRAN&p=W&b=5&g=0&id=p22796203822
http://stockcharts.com/h-sc/ui?s=XLF&p=W&b=5&g=0&id=p83300423393
http://stockcharts.com/h-sc/ui?s=%24NDX&p=W&b=5&g=0&id=p84022159810
http://stockcharts.com/h-sc/ui?s=%24NYSI&p=W&yr=5&mn=0&dy=0&id=p68578257092







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