Thursday, September 19, 2013

19 Sept 2013

 Even though the Summation index is rallying hard now, it still remains quite low compared to previous peaks.  It is working off the oversold condition I pointed out a few weeks ago.
 Medium term becoming overbought.
 Short term maybe rolling over in overbought territory.
This indicator usually makes new highs before or at the same time.  It hasn't made a new high yet.

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