Thursday, October 18, 2012

18 Oct 2012

The composite indicator remains at elevated levels.
The percent of stocks above their 40 day moving average remains weak compared to the Dow.


Learn what you are and be such.
Pindar, Odea (5th Century BC)



3 comments:

  1. Hi,

    May I know what software or platform are you using to plot the 2nd chart i.e. the indicators on % above certain MA and A/D line?

    ReplyDelete
  2. Hi. Sure. I use Telechart by the Worden Brothers.

    However, you can get a lot of these free at stockcharts.com try the symbols.
    $NYA50R, $SPXA50R, $NDXA50R first is NYSE, second is SP-500, third is Nasdaq 100. You can change it to the 200 day moving average by replacing the 50 with 200.

    ReplyDelete