 |
| IWM Monthly |
 |
| COMPQ Monthly |
 |
| NYSE Monthly |
 |
| SPY Monthly |
Tuesday, January 1, 2019
December Monthly
The general market indices have completed three months of correcting through price with a decent bounce from the December lows. With this much damage done to price it is now more likely a question of time. While the December lows may yet again be tested, the extreme extension of breadth to the down side across a number of indicators suggest that a bottom in price has been established. The length and duration of price oscillation before buyers step in resuming an uptrend remains to be determined but the first five trading days of the year may offer clues.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment