Monday, February 3, 2014

3 Feb 2014

 Remains oversold in short term.  Lower than previous "low" - signifies weakness.
 Long term is still very overbought.  This is troubling.
Medium term is only slightly negative.  Plenty of room to fall before becoming oversold.

1 comment:

  1. Scott,

    Is it possible to include the Summation Indices? Won't they illustrate a buying opportunity once they form a trough?