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Technical Tuesday - March 6, 2018
Technical Tuesday Update
Volume 2, Issue 8
March 6, 2018
Download PDF Version here
Items of Interest:
- The S&P 500, Nasdaq Comp., MDY and Russell 2000 are all in an area of resistance or retracement. We should know fairly soon if these indices can break through or not.
- The Dow Transports are holding up well into support while the Utilities are pausing at its initial downside target.
We would hold off on adding to Brazil as the Ibovespa is in an area of resistance.
- The U.S. dollar remains in a weak position and we see potential to the 85 area
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