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JNK has lost the 20day ema, as has XLF, EEM, EFA and other key etfs.Daniel wrote:IYR closed yest right at its 20day ema. Today it gapped down well below it. JNK too gapped down, and is barely staying above its 20day ema.
As everyone on this Board knows, Vixen leads! ($VXN- vix for the QQQ/Naz)Al_Dente wrote:SPY and Tech
This one, in his chartbook: "1.M.0 IYR Daily"Al_Dente wrote:IYR chart......and the one Cobra tracks?
According to Briefing.com, IBM's earnings announcement actually beat estimates on all actuals, but they completely pulled any future guidance, which sparked selling premarket.JFR wrote:Dow 30. A sea of red. Unanimous. IBM, CAT and DOW falling hardest. WMT the least.
IWM took out that range--AND yest's low--with authority. Currently testing that low from below...Daniel wrote:IWM is testing its (flat) 15min 200ema from above. Hasn't really been below it since 4/6.
Still trading within its (rather large) OR-15...
No it doesn't. You're losing it, JFR. Splash some cold water on your face.JFR wrote:Ya know, it always seems like Thursday in the stock market.
Okay, JFR. You can now, finally, permit yourself a pre-weekend YEE-HAW! (Previously frowned upon, but now, well-earned!)JFR wrote:ES 5. Big move down.
..update: Violently rejected! Looking to close poorly. NO "bullish resilience".Daniel wrote:All 3 majors holding above their (upslope) 15min 20emas as they head twd the end of the week. A close anywhere around this level would have to be considered "bullish resilience".