Daily Observations 31 December

Last Trading Week - Friday

2021


Market Performance

Sector Performance

  • Today: 6 0f 11 sectors finished the day green.
  • Best sector: Consumer Staples.
  • Worst sector: Communication Services.
  • VIX continues to stay below the 20s.  It declines 0.63% to 17.22.

SPY Snapshot

SPY Daily Chart
  • $SPY declines a quarter of a point closing at $474.96; higher than the 30-day simple moving average and the 9-day exponential moving average.  55-day high stays at 473.54.
  • Relative strength index declines to 59.28; south of our 60.35 resistance marker.
  • Volume rose to 65.2M in contrast with 55.3M from yesterday.

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.