AI
Friday, May 30, 2003 4:01:15 PM
LG, here is an interesting chart I just made for some historical perspective. It's INDU weekly since 01/01/1930 with a 13-8 stochastic.
The message of this chart, me thinks, is that this market is not all that overbought, historically speaking.
Note: The numbers on this won't match those from most chart providers because I used data from Yahoo, which for some unknown reason uses Tuesday as the first day of the week for its weekly data.
The message of this chart, me thinks, is that this market is not all that overbought, historically speaking.
Note: The numbers on this won't match those from most chart providers because I used data from Yahoo, which for some unknown reason uses Tuesday as the first day of the week for its weekly data.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
