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Unsteady Markets September 10, 2017

Posted by Tom in Thoughts.
Tags: , , ,

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  ……………….


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