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Are There A Few Cracks Starting To Show?

by | Jan 23, 2020 | Daily Note | 0 comments

  • Starting to see a few cracks showing
  • The mega cap tech names continue to lead¬†
  • But there are some important names down on the year and some after earnings reports
  • Breadth might be topping and I have a good chart that has been good in the past
  • DeMark Observations are showing fewer daily upside sell signals while weekly (maybe more important) are still showing a lot of sell signals
  • Materials and Financials are showing some cracks
  • Semiconductor and Cloud sector both have upside sell Countdown 13's and they have been the leaders in Technology
  • Crude and Natural Gas Update
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