@TradingWins Vince Vora's Market Update For Dec 18 2017
In tonight's video:
1) More green on the screen as stocks continue making new all-time highs. The Dow Jones Industrial Average gains 140 points, the S&P 500 added 14 points while the Nasdaq-100 jumped 58 points and the Russell 2000 closed higher by 18.50 points.
2) The volatility roller coaster ride for TLT continues as the 20-yr+ treasury bond ETF dropped back to its 20-period simple moving average. Gold also moved closer to its 20 SMA while crude oil closed slightly lower.
3) The daily charts of two Dow components are almost a perfect mirror image of each other. WMT has been consolidating after trending higher for most of the year while GE has been consolidating after a sustained move lower. See http://bit.ly/TW12182017
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