Over the weekend I mentioned that the consolidation warnings for the S&P 500 Index (SPX) from Twitter and StockTwits had diverged. It appears that the optimism from the StockTwits community was a bit premature. Over the last few days Twitter Momentum for SPX has rolled over right at its down trend line. It will take a few days of positive momentum on the daily indicator to clear the warning. I’ll be sure to update the site with anything significant for SPX whether it’s up or down.
Comments
Log in or sign up to join the conversation.