Stock Indices Test Very Important Support On Weakening Internals

The Stock Indices today closed at or near very important support levels. Along with the selloff, the market internals deteriorated. Therefore, the decline in today’s trading was supported internally. If they are in the process of developing into a greater degree time and price countertrend move, the 510 area in the SPY is a very important Key Reference Area.

Leave a Reply

Your email address will not be published. Required fields are marked *