04 Oct Stock Market Technical Indicators – October 4th, 2015
Here are the latest readings from my stock market technical indicators.
Long term is nearly at the oversold levels reached in 2011.
Medium term has fallen back to near oversold levels. If it can build from the previous low, that is a bullish, positive sign.
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.