When the market trades very shay like this.
That's not Bullish. That means market is having trouble holding on to gains.
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You taught me to pay attention to the retail sector as well as it can really tell you what’s leading the market. Retail has been weak since the open, and while Nasdaq and Dow bounced several dozen points, the Russel barely bounced at all. Now below yesterday’s lows
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If the market went up today and traded strong. That would be a good sign. But that the Bulls are being challenge. That's a risky market. It's rare that you see a market like today that's oversold and should bounce.
I agree. For sure thought it would be green today. S&P collapsing with the rest. Love watching this!!