200-Day Lines – Short-term Keys

200-Day Lines – Short-term Keys

The 10-Year Treasury Rate is resisting its 200-week line to go higher…

While the S&P 500 Index is fighting its 200-day line to go lower…

The stock market declines are likely not over but oversold short-term conditions prevail.

Absent a significant event, I am out for the rest of the day but will update you by Sunday night.

A.F. Thornton

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.

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