All Posts

I do not usually look at hourly charts but did tonight. This chart of DIA shows a lot of selling at the end of day the past week. A similar pattern can be seen in the SPY. What do the big boys know that is causing them to sell at the end of the day?

Will post again next Sunday night.

More daily new lows than highs; only 32% of US stocks advance; T2108 at lowest level since last April. The GMI is now at 4 (of 6). XLF and XLB are weak. And short rates are on a steady rise:

This chart shows the renewed decline on Monday in 20 year treasury bonds. Long rates are rising.