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Not Much More Than “OK” June 26, 2021

Posted by Tom in Thoughts.
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June 25, 2021 – I’ve got limited wi-fi so this will be VERY brief.

click on graphic to enlarge

For the time being, things have stabilized, but significant strength has not returned. We’re in a trading range / holding pattern. I’ve changed the Support & Resistance levels and the major indicators are still bullish / positive but not like before. I note the very high volume on Friday, let’s see if there is follow though in either direction next week.

I’ve place the number of stock in reference to their 50 day moving average above. It does show an improvement from last week, so that’s encouraging but not “exciting” just yet.

The Short Term Sector Strength table is below.

At least Technology sectors have regained their strength which is encouraging as well. For now I’ about 80% invested and keeping a close eye on potential moves in either direction. It’s just unsettled.

Have a good week. ……… Tom ………..

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