Today the recalcitrant $SPX PMO finally crossed down through its signal line, generating a PMO SELL signal. This is reflected in the Scoreboard below.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action, internal condition, and Trend Model status of the broad market (S&P 500), the nine SPDR Sectors, the U.S. Dollar, Gold, Crude Oil, and Bonds.
Published in TZ Latest News 7 April, 2016 by The TZ Newswire Staff
SPY: Another Timid Breakdown
Published in TZ Latest News 7 April, 2016 by The TZ Newswire Staff
SPY: Another Timid Breakdown
Today the recalcitrant $SPX PMO finally crossed down through its signal line, generating a PMO SELL signal. This is reflected in the Scoreboard below.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action, internal condition, and Trend Model status of the broad market (S&P 500), the nine SPDR Sectors, the U.S. Dollar, Gold, Crude Oil, and Bonds.