The morning gap filled quickly on declining Cumulative Tick and Advance-Decline readings. After tagging the Volume Weighted Average on a brief recovery attempt, we have seen progressively weaker internals. However, just right now there has been a small bounce off of yesterday's lows and price is testing the daily Pivot (SPY $78.90). I had mixed market timing signals coming into the day.
Never Investment Advice
01/23/2017 Market Outlook (Range Low)
4 hours ago