Ultra short term is oversold Short term is oversold Medium term is retracing back to its recent slightly oversold level Long term is neutral
The McClellan Summation index is in a downtrend from 6/17
Ultra short term is slightly oversold Short term is slightly oversold Medium term is slightly oversold Long term is neutral
My indicators are not leaning heavily one way or another. The one biggest discrepancy is the apparent weakness in my medium term indicator when compared to the S&P. This could be considered “bullish” or “bearish” as eventually many of the S&P and Dow headline stocks may correct with the rest of the market, or the…
Ultra short term is slightly oversold Short term is slightly oversold and has broken down out of its ascending trend line. Medium term is slightly overbought and lagging recent peaks. Long term is nearly back to neutral.
Many leading stocks took a hit at the end of last week indicating that money switched to laggards as the Dow and S&P rallied with Nasdaq not as exuberant. Seasonality is still positive through early September.
Ultra short term is neutral. Peak is lagging recent peaks. Short term is neutral. Medium term is slightly overbought and lagging recent peaks. Long term is slightly oversold. S&P is still filling the gap left on Monday February 24th. In order to completely close it, the S&P-500 needs to reach about 3337. It's currently at...
Ultra short term is slightly oversold Short term is slightly overbought Medium term is slightly overbought Long term is slightly oversold
Ultra short term is slightly overbought. Short term is overbought. Medium term is neutral. Long term is somewhat oversold. Gold is about to start encountering fairly significant resistance. Will it be able to make new all time highs?
Ultra short term is neutral. It's peaks and lows are forming a bit of a pennant pattern that could go either way. Short term is neutral. Its peaks and lows are also forming a bit of pennant pattern. Again, could break either way. Medium term is neutral but from a bearish standpoint it is significantly...