Short term is slightly above neutral. Long term is slightly above neutral. Values are still lagging previous highs, which contradicts the action of the major indexes. Medium term remains slightly overbought, and has declined for the past week.
Long term is off highs which shows lack of stock market breadth and is getting back into overbought territory. Medium term is overbought and declining. Short term is back to neutral.
Short term is declining back to neutral. Long term is slightly positive. Heavily lagging recent highs despite the Dow being at new highs. Medium term is slightly overbought and is once again lagging values achieved the last four years. The McClellan Summation index continues to trend upwards so staying long until that reverses may…
Long term is bouncing from neutral levels. Medium term indicator is nearly overbought. Short term is overbought, but it’s off highs.