The_Unwind

"Sleight of Hands" Rally's Are Being Now Being Sold

Kort
SP:SPX   S&P 500 Index
Stock market rallies in the S+P 500 in September
have a notably different "characteristic"of behavior to them

These rallies are being "sold",with each new advance,
peaking below the previous high and former value area "support"
as big money continues to unload stock.

Also notable is the draw down in tech stocks, in the face of rising interest rates,
as the bond market is making the" interest rate decision" on their own to raise real rates now.

This rate rise has caused a notable decline in technology stocks
highlighted by Apple Computer, whose Daily Reletive Strength Line peaked months ago.

Big money knows this, so they are taking full advantage by selling rally's
after early and often public buying exhausts itself.

Traders who go into the market to buy the dip, are being "rewarded"
with lower prices at the end of the day, a new "sleight of hands",
and a "market characteristic" that should be watched closely for signs, of "acceleration",

THE_UNWIND
9/28/21
Woods Of Connecticut
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