Stock Market Technical Indicators – October 4th, 2015

Here are the latest readings from my stock market technical indicators.

lt_4oct2015

Long term is nearly at the oversold levels reached in 2011.

mt_4oct2015

Medium term has fallen back to near oversold levels.  If it can build from the previous low, that is a bullish, positive sign.

 

st_4oct2015

Short term is back above neutral.

Gold, silver and mining stocks seem to be changing character with most of them back above their 50 day moving average.  I need to see them break out of their negative channel before putting money back into them.