24 Oct Scott Schlegel’s Stock Market Indicators – 10/24/2021

Posted at 22:27h in Uncategorized by

Here are the latest readings from my proprietary stock market indicators

Ultra short term is slightly above neutral
Short term is slightly above neutral
Medium term is slightly elevated
Long term is slightly overbought, but has a pretty significant decline from its high while the major indices remain at all time highs. This is a fairly large disconnect that will converge in some way.