30 Oct State of the Market – 30 October 2014
Posted at 23:57h
in Trading
Long term is neutral.
Short term is near overbought levels, and a bit lower than the high it made last week.
Medium term is back into positive territory, but is not yet overbought.
This V bounce makes the major indexes look like they are trading like penny stocks. Notice the significant lagging of my indexes (medium and long term) compared with the Dow.