Just a quick note here to follow up on my bearish stock market column this past weekend.
Daily chart sell signals were triggered at today's NY close in most major U.S. stock market indexes including the S&P 500 Index, the Nasdaq Composite Index, the Russell 2000 Index, and the NY Composite Index. Daily chart sell signals were also triggered in most major U.S. stock market ETF's including SPY (S&P 500), DIA (Dow Jones Industrial Average), and IWM (Russell 2000). And, of course, you won't be surprised to hear that daily chart buy signals were triggered in the SDS and TWM which are the double-short ETF's for the S&P 500 Index and the Russell 2000 Index, respectively.
Here are three charts for your review, with all buy and sell signals from my computer-based trading system:
1. S&P 500 Index
2. Nasdaq Composite Index
3. Russell 2000 Index
S&P 500 Index Daily Chart with Computer-based Buy & Sell Signals |
Nasdaq Composite Index Daily Chart with Computer-based Buy & Sell Signals |
Russell 2000 Index Daily Chart with Computer-based Buy & Sell Signals |
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