FYI: In last week’s recap we noted the NYSE McClellan Oscillator has been negative all that week, which was a caution flag for short term traders. Higher volatility and a downward skew did indeed follow. Monday and Wednesday were big down days, offset a bit by a moderate rally Thursday. Monday’s weakness was mostly triggered by TRADE WARS!!(tm):
Regards,
Ted
https://www.stocktrader.com/2018/07/01/weekly-market-recap-jul-01-2018/
