Hey, was your holiday great?
Here are the daily charts for the 4 market indices.
For weekly charts, this is how the market indices fared
This chart shows how much % stocks that are staying above the long term trend of 200DMA. Any stock that is above 200DMA is deemed bearish. Arrows 1 & 2 showed that the trend is downwards. On a positive note, it shows that it has finally found support above 61. See if it can continue to recover and pushed higher next week.
Momentum stocks outperformed this week. They are breaking out relative to the general market. This is no surprise.