Leading Indicators are still BURNT
Quick update from two weeks ago...
Watching the White/Red lines
JNK failed the reversal attempt to break above resistance;
DJT closed just below support;
Russell2000 closed last week at support;
Value Line has not yet broken down;
TIPS reaching support, may break but not yet;
TLT just above the breakout support;
VIX already gapped up pre-opening; and
S&P futures ES1! following through downwards rather significantly pre-market open.
Most MACD are aligned.
Indicative downside bias...
Watching the White/Red lines
JNK failed the reversal attempt to break above resistance;
DJT closed just below support;
Russell2000 closed last week at support;
Value Line has not yet broken down;
TIPS reaching support, may break but not yet;
TLT just above the breakout support;
VIX already gapped up pre-opening; and
S&P futures ES1! following through downwards rather significantly pre-market open.
Most MACD are aligned.
Indicative downside bias...
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