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S&P 500
5,048.42
(
-0.46%
)
US TECH 100
17,162.80
(
0.60%
)
Dow Jones
38,085.80
(
-0.98%
)
Brent Oil
88.17
(
0.02%
)
Bitcoin
64,276.81
(
-0.32%
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TREND1

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TREND1

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Re: None

Monday, 01/09/2017 7:28:00 PM

Monday, January 09, 2017 7:28:00 PM

Post# of 200
1/9 Ultra-Short-Term Indicators: We got negative readings on the CVI and Participation Index - DOWN, but neither reading is climactic or really elevated. As expected the VIX has turned down on today's decline after closing in on the upper Bollinger Band.





Conclusion: The market tapped into all-time highs last Friday, but today returned back within a trading channel. Indicators and a downward facing PMO tell us to look for more downside.

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

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