Inside Day Friday, Closed Lower Yesterday
This charting principle which indicated indecision on Friday, and down direction yesterday is just another of the pieces that are falling into place for all the major stock indexes as a downturn continues to stage.
Recap of the 18 ETF Computer Model signals at yesterdays close:
Long : QQQQ,SPY,SMH,XLY,SHY,UUP,USO
Neutral : XLF,DBA,IEV,IEF,TLT,MOO
Short : FXY,IYR,FXE,FXI,GLD