Weekly Market Update: Sideways

The market ended mixed last week. Three indicators are in the red with the Dow performing better than the NYSE. That is a defensive sign as the DOW is blue chips with stability. It's possible we are going to move sideways for a little while.

Some interesting reading:

• DecisionPoint Weekly Wrap 
• Dr. Wish is looking to see what happens with QQQ this week. Will the uptrend continue or will it break down?
• Fear and Greed index is at neutral
• Investor's Business Daily (IBD) - a look at the week to come and stories on Amazon's purchase of Whole Foods and the DOW moving up. 

Let's see what the charts tell us this week.