$SPY trading relatively sideways today. Slightly green…
midday along with 8 of 11 sectors with Industrials leading the way.
We’re seeing some runners this morning and some continued fades lower. No need to get in the way of a falling knife.
Prices can always go lower, especially when you think they can’t. That’s exactly the time they do.
Case in point…
$ICPT down over 16 points cracking through its 200day
$WTW down over 13%, bounced off intraday support, now heading back down
$BBBY down over 7%, but trying to fight its way back up
$FAST up over 3 points, fighting to trade above vwap midday
$STNG continuing its run, now up over 7%
