The post holiday action was negative. Silver was up significantly. Gold was up too. Bitcoin appears to be have bottomed and is moving back up again.
S&P 500.png
DWCPF.png
Price on the S&P 500 was rejected at the 50 dma, but remains well above the 200 dma. The DWCPF is not doing as well and is currently testing its 200 dma once again.
Not all of my charts have updated this evening, but I've got enough current data anyway. Breadth remains positive, but is tracking sideways. My intermediate term system remains positive, but is already under attack (it just flipped positive late last week).
The options are modestly bullish this evening, which doesn't mean much given the overall neutral reading of several surveys we got to end last week.
It appears the battle will continue over control of price. I'm neutral for tomorrow, but we may bounce after Tuesday's selling.
Bookmarks