The last week was all bullish and while the indices were in Lev Sell mode on weekly basis.
The relief rally was captured by being in reduced buy mode.
Such a move was expected as the breadth was unusually -ive. All sectors were in Lev Sell/Sell mode with New lows hitting "new highs". The State of Market report for more details. Link here.
The current weekly color is here:
The relief rally was captured by being in reduced buy mode.
Such a move was expected as the breadth was unusually -ive. All sectors were in Lev Sell/Sell mode with New lows hitting "new highs". The State of Market report for more details. Link here.
The current weekly color is here:
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