Tuesday, November 25th. - Stock Trends, Charts, and Commentary (*** If you see last week's Tuesday Update: Click Here)
November 25th. Update: Trouble does NOT come until Institutional Investors start Selling ...
Take a look at today's updated chart that shows the trend of Institutional Selling levels as of yesterday's close. The trend lines are still showing sideways, NEUTRAL action.
By not being aggressive sellers, Institutional Investors have let other investors drive the market higher with their buying. With serious selling out of the way, a smaller amount of buying can still push the market higher.
If you look at the red blue trend lines for the Institutional Selling, they are essentially at the same level as they were on November 11th.
Unless the trend lines start moving into a clear down trend, the upcoming test level of 11108.39 on the NYA Index could pose a problem. That's the focus now ... the 1109.39 triple top test on the NYA Index.
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