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Oilfutures are opening down.
And so is the NDXfutures! They lead us up and they will lead us down.
Mc Oscillator NDX
$VXN Looks like it's coming off the bottom for sure.
CVIalso topping.
Take a look at this if you have stock charts.
Percent of stocks above 200 moving day average
Its high but if you look back to '03, this indicator stayed mostly between 80 and 90 for about ten months while the markets rallied.
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YES!
Posted by ditch on 23rd of Jul 2009 at 06:51 pm
Oilfutures are opening down.
And so is the NDXfutures! They lead us up and they will lead us down.
Mc Oscillator NDX
$VXN Looks like it's coming off the bottom for sure.
CVIalso topping.
Lots of Stocks over 200 Day Moving Average
Posted by philr on 23rd of Jul 2009 at 09:20 pm
Take a look at this if you have stock charts.
Percent of stocks above 200 moving day average
Its high but if you
Posted by tarzan on 23rd of Jul 2009 at 09:52 pm
Its high but if you look back to '03, this indicator stayed mostly between 80 and 90 for about ten months while the markets rallied.