Tuesday, April 1, 2014

1 Apr 2014

 Short term (below) nearing overbought levels already.
McClellan summation index is lagging the new high on the S&P-500.  Granted, if it turns upwards here, it does give a little room for the mainstream indexes to rise a little higher.  But either way, it is quite depressed compared to previous recent highs since 2009 to be aligned with a fresh all time high on the S&P.

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