This is getting tedious! We had another low volume day in which the indices stayed in their recent trading ranges. Dr. Brett mentioned last week’s double inside days and I’ll be interested to see what he has to say about the triple inside days that formed today. This must be a very rare occurrence.
I think Kirk had the right idea by bolting to Hawaii for the week. As if going to Hawaii is ever a bad idea…
Trend Table
No changes today.
| Trend | Nasdaq | S&P 500 | Russell 2000 |
| Primary | Down | LA | LA |
| Intermediate | Down | Down | Down |
| Short-term | Up | Up | Up |
(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
LA Indicates a Lateral trend
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