Little did we know the magnitude of today's sell-off during our pre-market meeting. However, the Chaikin oscillator had been warning us of a possible intermediate correction in the cards. Our Macro-Monday analysis shows a quick contraction in the fundamentals we track using the Chaikin Analytics app. Including a Bull v Bear ratio that quickly fell below 1.0. ( Below) Rember, all of our Mocro-Monday analysis are always completed over the weekend, and do not include today's action which would look far more bearish. You can track all of our Macro-Monday analysis HERE After our Macro Monday analysis, we switch gears and manage our "Chaikin Checklist" portfolio.
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January 2021
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