On Tuesday, ,major indexes faded in the final hour closing near session lows. Volume was lighter on both exchanges.
Stock purchases remain risky until the market confirms a new uptrend is underway. Considerable work needs to be done
for indicators to turn around.
The climate is HIGH CAUTION.
Focus is on stocks emerging from bases & above 50dMA.
This morning, futures are pointing to a LOWER opening.
Selective Chartists Positions (with BUY price): None 100% CASH
Out of a database of 750 stocks, 0 are meeting the criteria....
View the charts of major indexes BELOW 50dMA