During most of last week, major indexes closed mixed on mixed volume.
Technical indicators are weakening suggesting pullbacks near-term may occur. Major indexes are displayiing RSI 70+ signaiing EXTENDED & weakening MACD.
VIEW Big Picture Snapshot 01/09:
This morning, futures are poiinting to a LOWER opening.
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price. However, market pullbacks can curb gains / performance of the strongest stocks. EARNINGS season has begun and may add to volatility.
Selective Chartists Positions (with BUY price): 2 (subscribers only)
Closely Monitoring: (VIEW Stock Focus List 01/08)
View postings on StockCharts: