[Video] Equites Are Down, But Are They Out? (Silver, WTI)

Whilst the selling on Wall Street picked up its pace yesterday, markets rarely move in a straight line. And several key markets are approaching key support levels.

Charts (4)

 





In today’s video we checkout key support areas for the Russell 2000 (RUT) and WTI futures, then update our analysis on silver.


S&P 500: Market Internals


S&P 500: 4258.49 (-1.59%), 19 July 2021

  • Consumer Staples (-0.3%) was the strongest sector and Energy (-3.5%) was the weakest
  • 11 out of the 11 sectors traded lower on the S&P 500
  • 60 (11.88%) stocks advanced and 445 (88.12%) declined
  • 78.81% of stocks closed above their 200-day average
  • 98.61% of stocks closed above their 50-day average
  • 28.12% of stocks closed above their 20-day average

Outperformers:

  • + 4.34%   -  Kroger Co  (KR.N) 
  • + 3.41%   -  NVIDIA Corp  (NVDA.OQ) 
  • + 3.20%   -  ETSY Inc  (ETSY.OQ) 

Underperformers:

  • -7.34%   -  Kimco Realty Corp  (KIM.N) 
  • -6.60%   -  Diamondback Energy Inc  (FANG.OQ) 
  • -5.87%   -  Simon Property Group Inc  (SPG.N) 



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