Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Dorsey Wright RED FLAGs Market- Aggressive Sell

Time Line of Indicator Changes:
February 20th: RSPOTC chart reverses down to O's for the first time since November 2002
February 23rd: OTC Bullish Percent Reverses Down into O's
February 23rd: OTC Percent of Stocks Above Their 10 Week Moving Average gives a sell signal
February 23rd: OTC Percent of Stocks Above Their 30 Week Moving Average gives a second consecutive double bottom sell signal
February 24th: Nasdaq 100 Bullish Percent moves to Bear Confirmed status at 64%
February 26th: OTC Bullish Percent Falls Below 70%
March: Monthly momentum for Nasdaq 100 and Nasdaq Composite turns negative
March 10th: Optionable Bullish Percent gives a triple bottom sell signal at 72%
March 10th: S&P 500 Bullish Percent reverses down to O's.