Friday saw a sell off of about 2% to 2.5% amid concerns of a new COVID varient in South Africa.
Let's look at the indicators.
- DJIA vs 30 week MA: Touching the moving average line
- S&P vs 30 week MA: Above
- Nasdaq vs 30 week MA: Above
- Global DOW vs 30 week MA: Below
- DJIA vs NYSE A-D: Both Down
- Divergence: DJIA vs NYSE High/Low: Both Down
- 200 Day MA NYSE A-D: Above
- NYSE 52 Wk Highs-Lows Diff: -182
Interesting articles for further reading:
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