The usual sectors leading to the downside.
Semiconductor and tech sector are by far the weakest area of this market.
Big Tech leading the way lower.
Communications showing some life. Energy losing momentum.
Only one showing any relative strength is XLF... but even it has been getting pummeled over the last 3 days.
Tech bear flag has yet to confirm.
Financials and Energy the current market leaders here.
Some signs of life, though discretionary still lagging, the chart doesn't look half bad.
My Swing Trading Strategy I added some financial exposure yesterday, and will consider adding more long exposure today, should the market conditions warrant it. Indicators Volatility Index (VIX) – VIX sold for two straight days, and 6.8% yesterday alone, with the potential to see a retest of 12.00 in the very near future. However, with
My Swing Trading Strategy I closed out one of my trades yesterday that simply wasn’t doing anything for me and was simply wavering far too much due to the low volume, summer trading. However, I added one additional trade to the portfolio and looking to ride my two positions that I currently have, to higher