Long term is neutral. Medium term is quite oversold but not at a max. Typically the broad indexes don’t bottom until this indicator bottoms and then makes a higher bottom. So we could have quite a ways to go since we haven’t seen the first bottom yet, but it could be in the process of…

Medium term still has some room to fall to reach oversold levels. Short term is oversold, but not extremely oversold. Ultra short term is very oversold. Not a record albeit close.

Oddly long term is declining while S&P is not. Medium term is slightly oversold. Short term is slightly oversold. Ultra Short Term is slightly oversold.