5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
The euro bounced a bit and is back above 1.36.
Oil fell even more, but 92-93 should be first support.
Metals didn't move much, all ended
close to breakeven.
Monday, January 6, 2014
Bearish Engulfing Candlesticks
All in all, indices didn't move much lower. But on the daily charts, we see bearish engulfing candlesticks for the Dow, S&P500 and small caps. So I'm expecting lower prices tomorrow. Thus far, the bulls are very resilient and not giving up just yet.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
The euro bounced a bit and is back above 1.36.
Oil fell even more, but 92-93 should be first support.
Metals didn't move much, all ended
close to breakeven.
5m-chart SPY:
Daily charts DIA, SPY, QQQ and IWM:
Euro, oil, metals
The euro bounced a bit and is back above 1.36.
Oil fell even more, but 92-93 should be first support.
Metals didn't move much, all ended
close to breakeven.
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