Rallying Tech Shares Boosted Sentiment
With three yellow lights, the caution light is on and the Color Guard is Neutral. With the Price of the VVC moving higher on a week-to-week basis and the MTI below 1.00, we have an UpDn situation….
Category: Daily Update
U.S. Markets Rise as Interest Rate Fears Ease
With three red lights, the Color Guard is Bearish. With the Price of the VVC moving lower on a week-to-week basis and the MTI below 1.00, we have a DnDn situation. ANALYSIS The Price…
Wall Street Ended Mixed on Discouraging Economic Data
With one red light and two yellow lights, the Color Guard is mildly Bearish. With the Price of the VVC moving lower for two consecutive weeks and the BSR falling below 1.00, we have a Confirmed Down situation….
Upcoming PCE Release Sent Wall Street Lower
With three yellow lights, the caution light is on and the Color Guard is Neutral. With the Price of the VVC moving lower on a week-to-week basis and the MTI below 1.00, we have a DnDn situation….
Bond Yields Send Wall Street Lower
With three red lights, the Color Guard is Bearish. With the Price of the VVC moving lower on a week-to-week basis and the MTI below 1.00, we have a DnDn situation. ANALYSIS The Price…
Wall Street Ended Choppy Session Mixed
With three yellow lights, the caution light is on and the Color Guard is Neutral. With the Price of the VVC moving lower on a week-to-week basis and the MTI below 1.00, we have a DnDn situation….
Mixed Economic Data Weighed on the Market
With three red lights, the Color Guard is Bearish. With the Price of the VVC moving lower on a week-to-week basis and the MTI above 1.00, we have a DnUp situation. ANALYSIS The Price…
Hawkish Fed Minutes Weighed on the Market
With two red lights and one yellow light, the Color Guard is somewhat Bearish. With the Price of the VVC moving lower on a week-to-week basis and the MTI above 1.00, we have a DnUp situation….