Quick Look At Markets Here

I am finding it quite amusing that many are shocked by the markets not going up today, because they always go up right?

Let’s take a look at the markets here.

SPY

SPYlook

Just retesting this trend line extension. No biggie.

QQQ

QQQlook

Testing the break of upper trend line, again nothing to be shocked about here.

IWM

IWMlook

Retesting balance of last consolidation. Yawn. Totally normal stuff here.

DIA (olde man stocks)

DIAlook

Just cruising along in this trend line extension. Totally all good here.

There you go, your end of day, mid week market look.

Conclusion: GO EAT A SANDWICH

-JP

PS. JP is going out AT HIGHS.  #marketsorcery

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