Time to Sell or Buy the Dip? Assessing Alibaba's Price Action Amid Headwinds
Chicago Mercantile Exchange › S&P 500 (CME:SP500)
Equity
Omnicom Group Inc. (OMC) +55
10 hours ago
Trading up +1.595 (+1.73%) at 92.555. Sidelines Mode (+55) - OMC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
SPDR Blackstone Senior Loan ETF (SRLN) -70
10 hours ago
Trading unchanged at 41.720. Weak Downtrend (-65) - SRLN is showing signs of a strengthening downtrend. Monitor SRLN as it may be building momentum to the downside.
Index
S&P GSCI Zinc ER (SPGSIZP) +100
17 minutes ago
Trading up +0.392 (+0.57%) at 69.521. Strong Uptrend (+100) - SPGSIZP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPGSIZP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Nasdaq-100 ESG Total Return HKD Index (NDXESG16) -70
9 hours ago
Trading down -19.59 (-1.47%) at 1328.78. Weak Downtrend (-65) - NDXESG16 is showing signs of a strengthening downtrend. Monitor NDXESG16 as it may be building momentum to the downside.
Foreign Exchange
Canadian Dollar/Israeli Shekel (CADILS) +70
this minute
Trading up +0.0030810 (+0.11%) at 2.7579662. Bull Market Weakness (+75) - CADILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADILS as it may be in the beginning stages of a reversal.
New Taiwan Dollar/US Dollar (TWDUSD) -85
this minute
Trading down -0.00002900 (-0.09%) at 0.03090522. Countertrend Down (-85) - TWDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Mutual Fund
StepStone Private Infrastructure Fund Class I Shares (STRUX) +85
8 hours ago
Trading up +0.01 (+0.09%) at 11.57. Countertrend Up (+85) - STRUX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
One Choice Blend+ 2050 Portfolio R Class (AADQX) -70
8 hours ago
Trading down -0.03 (-0.30%) at 9.93. Weak Downtrend (-65) - AADQX is showing signs of a strengthening downtrend. Monitor AADQX as it may be building momentum to the downside.