News Focus
News Focus
icon url

euterpe1

12/26/12 3:47 PM

#14413 RE: TREND1 #14412

Even better. I like to use long and short term looks. Long term gives perspective on the overall market trend as in overbought in a DT or oversold in an UT. That signal confirms like others I use that we were overbought in Feb 2012, but hot money was propping up the market. Eventually what was supposed to play out did.
icon url

euterpe1

12/26/12 3:55 PM

#14414 RE: TREND1 #14412

These indicators all essentially mirror the other.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p72271524329