Friday, November 11, 2016 6:36:13 AM
$NYA daily chart which shows a larger technical context in
which the condition exists since September 2016 that:
the $INDU:$SPX ratio has sharply advanced off its September low, meaning the Dow Jones Industrial index is outperforming the S&P500 index
chart 2 - $INDU daily with Carl Swenlin's "short-term" oscillators
Note - "The Swenlin Trading Oscillator (STO) is an overbought/oversold indicator that can assist in identifying short-term tops and bottoms. There are two versions, one using advances and declines, and one using advancing and declining volume."
which the condition exists since September 2016 that:
the $INDU:$SPX ratio has sharply advanced off its September low, meaning the Dow Jones Industrial index is outperforming the S&P500 index
chart 2 - $INDU daily with Carl Swenlin's "short-term" oscillators
Note - "The Swenlin Trading Oscillator (STO) is an overbought/oversold indicator that can assist in identifying short-term tops and bottoms. There are two versions, one using advances and declines, and one using advancing and declining volume."
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