13 Aug 2014

I'm migrating my work to my other site to develop readership and consistency of my information.
This will be my last post here.

Please continue the journey on:
http://www.scottschlegel.net/

12 Aug 2014

 Long term overbought.

 Medium term oversold.

Short term nearing overbought levels again.

The McClellan still isn't in an uptrend which means you shouldn't be long yet.  I slightly expect a whipsaw here and a brief plunge back down considering my short term indicator already being high.

6 Aug 2014

Medium term quickly becoming oversold.

 Long term still very overbought.

Short term is oversold and bouncing the last few days.

4 Aug 2014

Short term is oversold.

Medium term is quite oversold compared to recent years' levels.

31 July 2014

Intense selling today.  Decided to pull out the old excel spreadsheet and see where we're at on my indicators.

 Still super overbought in the long term.

 Medium term reaching lowest levels since mid 2013.

Short term at lowest levels since February.  I call this oversold in the short term.

Summation index continues to get pummeled.  As I've written for a few weeks, change is coming.