The Thanksgiving Rally Should Not Be Trusted
NASDAQ › GH Research PLC - Ordinary Shares (NASDAQ:GHRS)
Equity
MGM Resorts International (MGM) +100
13 hours ago
Trading up +0.96 (+2.68%) at 35.88. Strong Uptrend (+100) - MGM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
UNITIL Corporation (UTL) -75
13 hours ago
Trading down -0.0400 (-0.08%) at 52.0400. Bear Market Rally (-75) - UTL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UTL as it may be in the beginning of a reversal.
Index
Dow Jones U.K. Index (GBDOW) +70
15 minutes ago
Trading up +1.24 (+0.37%) at 332.56. Bull Market Weakness (+75) - GBDOW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBDOW as it may be in the beginning stages of a reversal.
S&P 500 Information Technology (Sector) (SP500-45) -55
12 hours ago
Trading down -22.24 (-0.98%) at 2258.28. Sidelines Mode (-55) - SP500-45 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.
Future
SOYBEAN OIL Dec 2023 (ZL.Z23) +85
24 minutes ago
Trading up +0.51 (+0.79%) at 65.38. Countertrend Up (+85) - ZL.Z23 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.
LEAN HOGS Apr 2023 (HE.J23) -100
11 hours ago
Trading down -1.025 (-1.14%) at 89.750. Strong Downtrend (-100) - HE.J23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HE.J23 continues to fall. Traders should use caution and set stops.
Foreign Exchange
Euro/Turkish Lira (EURTRY) +85
this minute
Trading up +0.008565 (+0.04%) at 19.311250. Countertrend Up (+85) - EURTRY 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.
Saudi Arabian Riyal/Euro (SAREUR) -75
29 minutes ago
Trading down -0.00036900 (-0.14%) at 0.25641725. Bear Market Rally (-75) - SAREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SAREUR as it may be in the beginning of a reversal.
Mutual Fund
Rydex Dynamic Fds, Inverse Dynamic S&P 500 Fund A Class (RYTMX) +55
1 day ago
Trading up +1.42 (+3.02%) at 47.21. Sidelines Mode (+55) - RYTMX 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.
T. Rowe Price New Horizons Fund - I Class (PRJIX) -75
10 hours ago
Trading down -0.39 (-0.78%) at 49.49. Bear Market Rally (-75) - PRJIX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PRJIX as it may be in the beginning of a reversal.