From The PPT and other sources.
Relative strength stocks: DYAZ, DLTR (both have ugly 3 or 6-month charts, but nice weekly):
Panic sell mode: AFAM (looking for an entry long. someone slap me.)
Sector strength: Ags/Fertz- TNH, MOS (however, strong resistance above)
Near multi-year lows: ISRG, TIE. Looking for a possible relief rally in ISRG, or next big dump.
… I’m tracking the change in PPT scores for this basket of stocks. Will do a study on improving or worsening scores and their effect on price.
If you enjoy the content at iBankCoin, please follow us on Twitter
GIO
It looks like the VIX is going back up, is this from the LONGS feeling anxiety about this not being a bottom?
This movement up…does not feel like the SPIKE you were talking about but the gradual drift up….
which signals BEARISH right?