Navigator™ Signals for Day Traders Navigator™ Signals for Swing Traders View from the Top – Sell Signal by AF Thornton May 10, 2021 0 Comment The NASDAQ 100 and monsters of tech were hit hard today on a spike in 10-year U.S. Treasury rates. The downtrend accelerated on announcement of a major pipeline shutdown do to a cyberattack. As I warned this morning, the 30% tech weighting eventually spilled its negative returns into the S&P 500 mid-day, and caught the Russell 2000 as well. While there were more advancers than decliners, and more positive than negative sectors, the tech math overcame the gains from the other sectors and S&P 500 index members, at least for now. We are stopped out of all positions and back to cash. A.F. Thornton
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AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.