Wednesday, February 19, 2014

Rollover....2.19.14

It looked like the markets were going to hold it in the green after early morning weakness but selling swept across the boards in the afternoon session and the SPY TrendX >>>>see right side panel...has now displayed a reversal off overhead resistance, and the intraday TrendX showed the greatest downslope off the zero line we have seen in several weeks.

Needless to say, M3 is on CASH.