Jan 10, 2022 1 min read members

Daily Observations 10 January - NDX Turns Green

NDX turns green. $DJI -0.45% | $SPX -0.14% | $RUT -0.40% | $NDX +0.14% | VIX +3.41%

Photo by Zeyad Bin Kuwair / Unsplash

Light at the end of the tunnel

$DJI -0.45% | $SPX -0.14% | $RUT -0.40% | $NDX +0.14% | VIX +3.41%

Market Performance

Sector Performance

2 of 11 sectors finished green today.
Best sector: Healthcare gains 1.03% to 135.73.
Laggard sector: Industrial down 1.13% to 105.29.
VIX added 3.41% to 19.40 (18.76 prev).
Crude oil /CL declines 0.63% to 78.40 (78.94 prev).
TNX up again 0.51% to 17.80 (17.71 prev).
TYX retreats 0.38% to 21.10 (21.18 prev).

SPY Snapshot

$SPY declines 0.12% closing to 465.51 (466.09 prev). Additionally, closing price is lower than the 9-day EMA of 469.87 and 20-day EMA of 469.37. 180-day SMA today is 465.47.
Relative strength index dips some more to 40.92 (41.86 prev). This is lower than our 44.66 support marker.
Volume spikes to 116.38M from 84.9M last Friday.

Disclaimer: I am not a professional investment adviser and my opinions are based on my own technical analysis. Please consult an investment professional before making investment decisions.