$DJI Looks okay but $SPX showing more strength, $VIX weak
#CPI data is out and it came out a lil higher than expected
DJI
broke out of the small downtrend officially yesterday
However, volume was weak, likely because of CPI data today
Keep an eye on RSI & $ Flow for guidance in direction.
Want to see break above for RSI.
Holding 36kish is a good sign for
DIA
---------------------------------
Not much on
NDX
so focus on
SPX
it is.
RSI shows this to could be picking up steam soon. Looks interesting. However, the $ FLOW could be better.
VIX
is weakening. While it roared louder than last time it's already whimpering and cowering.
Being weak can be more fuel to the bull case we mentioned a few times.
Bumps here & there but #stocks looks to be higher.
Tons more data, for more info, see out profile
DJI
broke out of the small downtrend officially yesterday However, volume was weak, likely because of CPI data today
Keep an eye on RSI & $ Flow for guidance in direction.
Want to see break above for RSI.
Holding 36kish is a good sign for
DIA
---------------------------------
Not much on
NDX
so focus on
SPX
it is. RSI shows this to could be picking up steam soon. Looks interesting. However, the $ FLOW could be better.
VIX
is weakening. While it roared louder than last time it's already whimpering and cowering. Being weak can be more fuel to the bull case we mentioned a few times.
Bumps here & there but #stocks looks to be higher.
Tons more data, for more info, see out profile