It pays to monitor hourly charts near end of day. Note many bounces off of lower 2.15 Bollinger band.
When the markets decline, it is easier to see potential leaders. Let’s see if the strength in POOL continues. Note the many black dot signals and its recent bounce off of the lower 2.15 daily Bollinger band, shown by green bars. I explained these signals during my recent webinar archived on the TraderLion site.
In my experience, the end of the month is strong, followed by weakness in the beginning of the next month. Put this together with the end of the debt limit agreement that could lead to a government shut-down, and we have a prescription for volatility. Treasury bonds (TLT) may have peaked.