Stay updated with breaking news from Uy Ortmann. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The major market indexes slid on Thursday but support still holds, writes technical analyst Guy Ortmann, who says the market data are generally neutral except for high investor fear levels.
The major stock indexes rallied Tuesday but market resistance remains intact, writes technician Guy Ortmann, who says the market data generally are neutral except for crowd sentiment, which is extremely bearish.
Has the Storm Passed as the Crowd Heads for the Hills?
Several Support Levels Break But Trends Stay Neutral
Resistance Levels Repel the Market Rally