jump to navigation

Unsteady Markets September 10, 2017

Posted by Tom in Thoughts.
Tags: , , ,
trackback

Sept. 8, 2017 – Due to the hurricane, I’ve had to evacuate, so this will be short.

We’re still in an up trend, both short term and long term channels are either up or prices are above the upper line.  6480 remains resistance and 6216 is support..  What concerns me is the potential for a “double top” / Up Thrust in the price structure.  Money Flow is positive but lacks conviction.  So, I remain invested but still cautious about this extended market.

Here’s what sections are doing:

I prefer Developing Markets, Healthcare and select Technology sectors too.

Have a good week.       ……………..  Tom  ……………….

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: