13 Jul Scott Schlegel’s Stock Market Indicators – July 13th, 2020 Posted at 23:52h in Uncategorized by Scott Schlegel 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 lagging the peaks found much earlier in this rally that started in March. Long term is oversold.