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Watch SPX and IXIC on open 1/12/17

Short
TVC:SPX   S&P 500
8
Watch IXIC - Nasdaq Composite in the first hour of trading 1/12/17.

The IXIC at the close 1/11/17 was close to its all-time high of 5564.30. If IXIC exceed 5564.30 with SPX failing to reach its all-time high 2282.10 and the DJIA fails to reach its all time high of 19,999.60 this would be a bearish divergence and possible sell signal

Also watch the SPX decline trend line. If the SPX hits the line and fails to go through it could be a possible sell signal.

Mark

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