Stocks broke down from the bear flag pattern as we had spelled out yesterday, only to get bought back up immediately. However the momentum here is really weak, and we could see another wave of selling. Both Kovach Momentum indicators are very heavily bearish, despite the meager rally. Watch for stocks to at least test 3021
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.