Daily Recap - Indexes Struggle Near Highs, Some Divergances
227 views · Published 2 May 2014 · 9:00 · Indexed 20 September 2026
Channel: T3 Live · 2014 · Education
Evan Lazarus, CEO of T3 Live, helms the Daily Recap, closing out the week with a look at stock charts that traders have been watching. On one hand there are Indexes like the Dow Jones Industrial Average, the "diamonds", the S&P 500 "spydrs" that are sitting at or near highs that could see a break out as eaerly as Monday, but then on the other side you have some divergances with the NASDAQ, the Russell 2000, and several mid cap names. The tug of war leaves traders needing patience when dealing with things like this and the flat 21 ema. Laz pulls up the following charts to illustrate overall market sentiment: SPY, IWM, QQQ, DIA, Netflix (NFLX), Amazon (AMZN), and Apple (AAPL).
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