Based on today's price and volume action, the odds now favor further upside. Nonetheless, rotation continues among ETF categories so there are pockets of weakness.
Even though the tone of the overall market remains decidedly bullish, there are a few negative technical divergences starting to manifest themselves which could become more significant in the medium term.
The stock market indices marked time today and basically consolidated for most of the session, moving back and forth in narrow ranges. A late sell-off brought them back to near the session lows.
The rich have gotten richer. The poor have gotten poorer. People don't know why. But they don't like it. And they figure it has something to do with the rich rigging the system. They're right, but not in the way they think.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.