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...
Ultra short term is slightly overbought Short term is slightly overbought Medium term is slightly oversold and is nearing levels which served as support for several rallies the past four years - except for about four significant sell-offs to 15% Long term is still oversold
Hey – please see the latest readings from my stock market indicators below.
Hello all, welcome to my Blog. Here are the latest readings from my stock market indicators. Three of the indicators are in oversold territory. The fourth, and most reliable for bottoms, is overbought. Ideally we would like to see all correlating to know we’re getting a good entry point in all time frames.