Number of comments: 4 We've seen a rally off the recent market lows, but several areas of the market are lagging. Above we can see that bank ($BKX; bottom chart) and insurance ($KIX; middle chart) remain well off their' [...]
Number of comments: 0 Although we've taken out yesterday's highs in the ES contract (top chart above) and are consolidating near the 10/29 resistance, note that many sectors are lagging and having trouble breaking yesterday's highs. These include financial stocks (bottom chart), as well' [...]
Number of comments: 0 We have bounced nicely off the overnight lows in the S&P 500 e-mini (ES) contract (above) and now are trading well within yesterday's trading range. Holding above the Wednesday lows would set up a potential patterns of higher lows after the recent correction and would [...]
