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Wednesday, May 13, 2009 9:05:42 AM
The $NASI turned down yesterday. This supports the probable short term trend change we discussed last weekend.
The Summation Index is a proxy that tells the swing trader whether money is flowing into or out of the market. When the Summation Index is in a strong uptrend, it indicates that the bulls are stronger than the bears. In a downtrend, it communicates just the opposite.
INTC is up in the premarket this morning but not much else is higher.
RtS
The Summation Index is a proxy that tells the swing trader whether money is flowing into or out of the market. When the Summation Index is in a strong uptrend, it indicates that the bulls are stronger than the bears. In a downtrend, it communicates just the opposite.
INTC is up in the premarket this morning but not much else is higher.
RtS
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