Scott Schlegel’s Stock Market Indicators – February 6th, 2022

Hi Everyone.  We are ready for another trading week.  Here’s the latest readings from my stock market indicators.  

My ultra short term indicator is slightly oversold, and showing a positive divergence from previous low.

Short term is slightly overbought.

Medium term remains oversold even after last week’s bounce.

Long term is slightly oversold.  This indicator is usually a bit lagging.