System Stock Trading Strategy
Stocks Technical Indicators
Fundamental Economic Indicators for Stocks
Wednesday, November 6, 2013
6 Nov 2013
I was shocked to see only 53% of stocks are above their 200 day moving average. This is quite different from what the major indexes are showing.
Long term (50 day over 200 - would lag the indicator above) still overbought.
Medium term continues to trend lower.
Short term continues its bounce.
VIX is at a supporting trendline.
The question is.. can the market go down with the Fed creating $85B a month?
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