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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.26
(
-0.16%
)
Bitcoin
61,377.01
(
-0.12%
)
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TREND1

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Re: None

Wednesday, 03/16/2016 5:08:11 PM

Wednesday, March 16, 2016 5:08:11 PM

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3/16/16 Above is the intermediate term Volume Momentum Oscillator. This chart goes back about 7 ½ years. When this Oscillator gets above +175 (which are rare) the market was near a short term high. Over the last seven years this Oscillator reached above +175 six times and five where at a respectable high. News events seem to market turns in the market. FOMC meeting announcement is tomorrow and may mark a high in the market. Sold long SPX on 3/1/16 for gain of 3.12%.
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