Here are the latest readings from my stock market technical indicators. Long term is reaching oversold levels for the first time since 2011. The Medium term indicator has rallied strongly off of the oversold levels I advertised three weeks ago.   Short term is back to overbought levels.  It’s difficult to see, but it’s around 69%….

Here are my stock market indicators’ latest readings.   Long term is starting to reach oversold levels.  Remember, this is a lagging indicator. Medium term has bounced from oversold levels which is a positive development.  The mainstream stock indexes (Dow, S&P) usually lag this indicator.   Short term is neutral, and quickly falling after reaching…