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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Changes in Character

chessNwine Fri Sep 12, 2014 2:35pm EST 5 Comments

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The inability of names like PCLN WYNN to bounce from oversold conditions of late likely indices a meaningful change in character is at hand for these winning, leading issues from recent years.

In addition, bonds of course are also sporting a change in character with dip-buyers stuffed at each and every juncture since August 29th, not long after which we saw a confirmed “island top” pattern on the Treasury ETF, TLT. Commercial real estate stocks in the IYR have also abruptly weakened, a rate-sensitive sector in its own right.

Feel free to drop me any other changes in character you see out there.

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5 comments

  1. bear54
    bear54
    September 12, 2014 at 2:52 pm

    Chess
    Thoughts on PBR ?

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