21 Aug State of the Stock Market – 21 August 2015
Posted at 09:09h
in Trading
Composite stock market indicator
It’s been a while since I showed the composite indicator for the stock market. It’s finally getting back to extreme levels seen in late 2014 and before that 2011 and 2012.
Medium term stock market indicator
Medium term is heading back to oversold levels – meaning we’re getting closer to a decent entry point.
Short term stock market indicator
Short term is heading lower again, and is also nearly oversold meaning a decent entry point for a short term trade approaches.