Sun, Sep 20, 12:52 AM EDT · verified real call · rank 1 of 2
“I hope you have picked up the cautionary messages as you were read through this weekly review. It appears the market is preparing for additional pullback. The market internals are flashing signs of weakness. All the major indexes other than SPX and NDX are in a near term downtrend pattern.”
Reference SPY ($761.69)
No level named.
Monday 12:00 PM ET, the open of the 5-minute bar: equal-weight SPY, QQQ, and DIA are +1.28% from Friday's regular-session close, against this bearish call. VIX is +0.47% from Friday's close. That score is WEAK. This is a scorecard, not a signal.