In this episode of DecisionPoint, Carl and Erin review four new Price Momentum Oscillator (PMO) SELL signals on four of the major market indexes. Even the Nasdaq 100’s new highs didn’t prevent that PMO SELL signal. Erin discusses climactic indicators and how they can be leading indicators for very short-term; the “hanging man” candlestick from Tuesday sent a caution flag for Wednesday! Finally, Erin gives everyone her “Diamond of the Week” from the DecisionPoint Diamonds report.
This show was recorded on June 17th, 2020 and premiered on StockCharts TV on June 18th. DecisionPoint Alerts subscribers receive exclusive early access to new episodes of DecisionPoint before their official airing on StockCharts TV!
New episodes of DecisionPoint become available at 8pm ET on Wednesdays to DecisionPoint.com members (Alerts and Bundle subscriptions) and air on Thursdays at 8am ET on StockCharts TV. Archived episodes of the show are available at this link.