Good Saturday Morning Chart Fans!
Let's do this!!
Transports took the week off
IWM. I didn't bother drawing in the h/s top cuz if you don't see it by now, you never will.
QQQJ. Something changed in mid March with the 'juniors'. Couldn't get to the early March high then came all the way back down to the lows. The 'seniors' didn't do that.
SOX took the week off after Monday.
Bank Index. EPS this week.
XLI. The 90/100 rule worked here.
XLV. Drugs back in vogue.
IBB. Down on the year. Hadn't realized that.
McClellan Summation Index
Cumulative Breadth lagging (top) with SPX (bottom)
NYSE New highs pathetic. Friday even less than Monday
Naz New highs are pathetic too. Almost 100 fewer Friday than Monday.
But Naz new lows are increasing.
Citi Panic/Euphoria flatlined
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