The Gilmo Report

July 18, 2021

July 17, 2021 11:10 pm ET

The market ended the week on a very sour note as scores of individual stocks and groups were slammed with selling across the board. The action on the daily charts of the NASDAQ Composite and S&P 500 looks quite benign against the broad selling seen among individual stocks on Friday. The NASDAQ busted its 20-dema on lighter volume while the S&P rolled below the 10-day line on higher volume while it held support at the 20-dema.

 

 

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