After a formidable start of January, we got a pause.
Now the market is starting to give signals of inversion.
Institutional selling hs start to increase in the expectation of President Trump nomination day.
The NYSE (the stock exchange where the main algos trading are working) has failed the break thru of the fan resistance starting 2015.
NASDAQ and Russell 2000 are in high stress condition ready for a big move (no confirmation of direction yet, but the market feels “tired”).
VIX (goes inverted to the market) support line is holding and break through 13 can make it jump to 15.
Definitely something is wrong.
investorpolitico 