|Day Low/High||0.00 / 0.00|
|52 Wk Low/High||61.19 / 72.52|
The exchange traded funds Diamonds, Spiders and QQQ's remain overbought, while transports and Russell 2000 have negative weekly charts.
Negative technical divergences are spreading among the 9 global averages that best measure the staying power of the post-election rally in major indices around the world.
The exchange traded funds Diamonds, Spiders and QQQ's remain positive but overbought, while transports has a negative chart and Russell 2000 shows declining weekly momentum.
Reduce holdings on global stock market strength, as the rise in momentum slows - The only new high occurred in India, while transports and small caps lag in the U.S.