Your Economy (No Politics)

[Bullwinkle]

COMP Weekly (Diverging Indicators)

While anything can happen and it is too early to tell if the current trends will continue, these are the some things that have caught my eye... While price action would lead one to believe we are strengthening, I believe we are weakening and alluded to this in my latest update with which this post replies.

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Steep decline during up days
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Lower highs since Nov'04 and 50/200DMA crossover
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Decline during up days, lower highs since Aug'04 and 50/200DMA crossover
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50/200DMA crossover
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50/200DMA crossover
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We should get some resolution as far as which way we break (either this week or early next)...