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frenchee

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frenchee

Re: None

Monday, 02/03/2014 9:59:07 AM

Monday, February 03, 2014 9:59:07 AM

Post# of 8308
Did the NYA Index breach its support?

Unfortunately, yes.

Its not a good sign, even with the Fed trying to hold the market up for the sake of the economy. Today's NYA chart shows the breach, and that will pose a problem for the Fed this week.
Historically, new Fed chairpersons are always tested when they come into their new positions. Janet Yellen starts today, so this could be a volatile week.

Please click on the link below for today's complete commentary and chart:
http://www.stocktiming.comMonday-DailyMarketUpdate.htm

Marty Chenard
StockTiming.com
2806 Byrd Road
Morganton, NC 28655
>Tel: 828-296-1200<

Regards,


frenchee

#board-4258 TSP Trend Timing: EFA (I), AGG (F), SPY (C), and VXF (S)

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