News - View Article > Community: Commentaries > March Share Purchases > Daily Comments for Tuesday, March 2, 2010 > Singapore Stock Market Updates On 08/03/10 > Market Clearing Last Downtrend Hurdle > Too Much Talk > Chart Presentation: Trend Shift > Aggressive sellers hit the British Pound > What can Soften or Mitigate the Coming Private Sector Debt Restructuring Cycle May Still Be Insufficient to Avoiding the Next Credit Crisis > Orange Juice Futures > IntegrityFX Weekly Economic Calendar Outlook > The Trend Trader For ETF Trading on Wednesday, March 17, 2010 > Stephanie Loiacono Brown Noses Warren Buffett; Dear Mister Fantasy… > "It's the Economy, Stupid..." > Ron Lieber Needs to See My Film “Broke: The New American Dream” > Where's the Volume?!?!? > Loving the Exchanges at T3... > [Video] America's 3 Wealthiest Counties Now Ring Washington D.C. > Fear and Loathing on the Campaign Trail 2010 > 03.09.10 - Steady Rise to 1,150? > The Oxen Report: Oil and Market Look Down, We Continue Our Bear Approach > KISS – Keep It Simply Sensible > Financial Advisory > The Power Buy, or how to buy on a Sell Day > 03.08.10 - Heavy Trade "for a Monday"

ETFProphet's Commentaries

Mar 8 2010

03.08.10 - Heavy Trade "for a Monday"

by ETFProphet
Overall Rating: Average rating is: 0 stars.
spy.jpg
Overbought conditions seem to be weighing the S&P 500 down a bit considering it's "Magic Monday"; although you wouldn't notice that looking at the Quad-Qs.  Internals meanwhile are running in range-day fashion.  With no catalysts in sight, I am therefore neutral (intraday) to just slightly bearish (daily bars).

Never Investment Advice


Tags:
More Commentaries by this author

Help Us Rate This Content!


Overall Rating: Average rating is: 0 stars.
Facebook Twitter Digg LinkedIn Bebo Share  
View Comments
Post Answer

Comments

Sign in or Join now to leave aComment and/or rate this content!