The NYSE Cumulative TICK spent most of the day in negative territory today. Stubbornly price was being bought at support levels most of the day. Eventually we got a sweeping move down, the DJIA barely closing yesterday's gap.
I defer the discovery of all meaning behind this week's price action in the markets to here,
or here.
Oh yeah, I sold my position in NWL for a slight gain. Hindsight would have seen me closing out at the top of the morning, but it didn't happen until mid-day.
I missed trades in QLD as my bids weren't hit on my entries. blah!
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