The S&P 500 Index INDEXSP: .INX fell 0.11% today but continues to have a bullish intermediate posture.
The Russell 2000 Index INDEXRUSSELL: RUT managed to buck the trend of the other indices and closed higher by 0.13% today; it has the strongest posture over the intermediate term as well.
The Russell 2000 is the only major stock market index with a “3 Green Arrows” signal currently.
All four major U.S. stock market indices have bullish 10-40 weekly moving average crossover signals.
Crude Oil prices strengthened lately, but Energy stocks have lagged on a relative basis.
The Sector Selector featured Health Care atop the sector rankings for the first time in several months.
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Stock Market Video – December 10, 2019
China and South Korea have downward-sloping 30 day moving averages and have struggled to keep up with the rest of the world in recent weeks.
Our trade application example featured selling a bear call spread on Booking Holdings (BKNG), which has been bouncing down from its declining 30 day moving average in recent sessions.
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