Monday, October 24th. - Stock Trends, Charts, and Commentary (***If you see an older update do a refresh or ... click Here for instructions.)
As of last Friday's close, the trend had not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes. (Struggling yes, but down trending no.)
The Institutional Index, the SPY, and the NDX./QQQ, and IWM were above their thick black horizontal support lines.
The NYA was below its thick black horizontal resistance line.
The reality is that the IWM (the ETF for the Russell 2000) had its relative strength at a negative level, so it is at a Danger level where the ETF could change to the downside quickly, especially after the Presidential election.
You can become a Free StockTiming Member in less than 10 seconds ...
and receive important, free Stock Market email updates every Morning ...
To become a Free Member, simply enter your information and click on the "Free" button. You willreceive Daily Updates and Alert Notices every morning before the market opens. On other occasions, you will also be sent special links to important stock market information and/or studies.
Quick and Easy StockTiming.com Free Member Sign Up