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The high & tight trading ranges we've had lately, have generated numerous reversals over the past 2 days. While the S&P 500, Wilshire 4500, and NASDAQ 100 have flipped to sells, Monday's price action did little to provide confirmation, so I'll wait to see what transpires tomorrow.


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AGG

• 14 April - DOUBLE TOP BREAKOUT (1.06% vs. -.20%)
• We have a setup for a triangle breakout, forged with both a Triple Top & a series of rising lows
• Long-term

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TSP Talk Sentiment Survey results for the week of 04/20/15- 04/24/15

The TSP Talk Sentiment Survey came in at 54% bulls, 29% bears.

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Stocks sank on Friday and if you asked 5 people why, you'd likely get 5 different answers. I see it as investors getting nervous since the two prior tests at the recent highs failed, so it was a rush for the exit on whatever news was convenient. The Dow lost 279-points, and being an options expiration Friday, volume was very heavy. The good news is, the indices did close off the lows and most of them remained above key support levels.

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