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US TECH 100
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ahimsak

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ahimsak

Re: None

Tuesday, 04/02/2013 11:35:41 PM

Tuesday, April 02, 2013 11:35:41 PM

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Can anyone help me? Do you know the symbol for how many stocks are above their 200dma on the nyse for stockcharts.com? I have seen it and for those above the 50dma too.

Is a good indicator, when it gets over 80% says the end is near, same for a buy when less than 20% are above the 200dma.

BTW, we are at dangerous levels for the spx being above its 200dma too, but in past it can go up for another couple weeks before it corrects.

My gut says tomorrow is the top, but playing the reality of the charts for now.
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