Scott Schlegel’s Stock Market Indicators – January 23rd, 2022

Hello.  Happy New Year.  The site became unusable because many plugins and themes were no longer supported.  It’s been updated, and appears to be ready to go.

Long term is slightly below neutral, and has been steadily declining for months.

Medium term is oversold, but oddly positively divergent from its last low. Normally, this indicates some underlying strength. But this selling has been pretty relentless in nearly all stocks.

Short term is extremely oversold

Ultra short term is extremely oversold