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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (94572)12/8/2016 12:01:55 PM
From: William H Huebl   of 94677
 
Thank you for your kind words.

And yes, CNNX looks vulnerable to a pull-back here.

If you look at the bottom trendline on RSI 44 you will see several hints of a breakdown coming.

BTW, RSI 44 on SPY shows the anticipated sell-off before election day and then the bullish breakout through the upper trendline recently.
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