NAVIGATE THE STOCK MARKET FOCUSES ON:
(1) Daily momentum analysis of the DOW 30 stocks and 15 ETFs across various market sectors.
(2) Stock Market commentary and analysis.
(3) Buy/Sell signals for major market turns.
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Tuesday, November 22, 2016
Selling SSO ETF
I’m Selling the 2x S&P 500 ETF (SSO) based on
Short-term indicators including RSI. Also, my topping indicator is only a
whisker from a sell signal, so I won’t push my luck. Advancers are currently leading
decliners 2 to 1 so it may pay to wait and time the sell later in the day.