State of the Market – 28 January 2015

st_28jan2015

Short term is neutral.

mt_28jan2015

Medium term is slightly overbought.

lt_28jan15

Long term is slightly overbought.

comp_28jan2015

 

Composite indicator is slightly above neutral.

If this weakness continues, we have a ways to go before reaching oversold conditions and good buying conditions.  Use caution.