In tonight's update, Vince covers: 1) Small caps led the way as stocks experienced another sell-off and are in real danger of trading much lower. The Dow Jones Industrial Average dropped 380 points, the S&P 500 fell 30 points while the Nasdaq 100 closed lower by 57 points and the Russell 2000 finished lower by 24 points.
2) Bonds traded slightly higher today with the 10-year treasury note yield trading at 2.866 and TLT (20+ Year Treasury Bond Fund) closing higher by $0.75 at $118.75. Gold Futures managed a small gain despite the strength in the U.S. dollar while Crude Oil Futures closed significantly lower.
3) As another month comes to an end it is time to check the monthly charts for potential setups and patterns. In addition to the monthly charts, there are two other items to look for that could be red flags for the four main equity indexes.
To watch video http://bit.ly/TradingWinsFeb282018
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