Loading... (0%)

State of the Market – 7 October 2014

07 October 2014


Long term remains overbought.mtt_7Oct_2014 Medium term is oversold.  We need to see this indicator build on itself (a higher low than a recent low) before we commit to getting long.

st_7Oct_2014Short term is slightly off oversold levels.

 percent200day7_oct_2014 Percent of stocks above 200 day moving average near three year lows.  The only time it was below this level was 2008 and early 2009.mcsum7_oct_2014McClellan back at levels not seen since 2011/2012.  The only time it went lower than here was in 2008.

Post your Comment

Rules of the Blog
Do not post violating content, tags like bold, italic and underline are allowed that means HTML can be used while commenting. Lorem ipsum dolor sit amet conceur half the time you know i know what.