The Dow-Jones Industrial Average fell further below its February lows, but the Dow-Jones Transportation Average continued to hold above its February lows. Therefore, the Transports have been failing to fully confirm weakness in...
Read MoreThe Dow-Jones Industrial Average fell 0.42% and closed below previous 7-month lows. But the Dow-Jones Transportation Average tested 4-month lows and closed 0.36% higher. The Transports have been failing to confirm weakness in...
Read MoreS&P 500 Composite (SPX) broke below 8-month lows on 6/30/10, thereby clearing out some protective sell stops below the lows. Sentiment is more bearish. SPX price momentum oscillators, such as RSI (14), MACD, Directional...
Read MoreS&P 500 Composite (SPX) broke below 7-month lows on a both an intraday and closing price basis, thereby clearing out some protective sell stops below the lows. SPX price momentum oscillators, such as RSI (14), MACD, and...
Read MoreS&P 500 Composite (SPX) consolidated with a narrow range Inside Day and very low trading volume on 6/28/10. The SPX is oversold, losing downside momentum, and sentiment has turned bearish. Price momentum oscillators show...
Read MoreBased on prices as of the close on Friday, June 25, 2010. 5-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative...
Read MoreThe S&P 500 Composite (SPX) reversed early weakness on Friday 6/25/10 to close higher, following 4 consecutive down closes. The SPX turned upward from an oversold position. Price momentum oscillators showed bullish...
Read MoreIndustrial Stock Sector absolute price fell below its rising 200-day SMA on 6/24/10. Technology Stock Sector absolute price fell further below its rising 200-day SMA on 6/24/10. Energy Stock Sector absolute price fell below...
Read MoreS&P 500 Composite (SPX) broke below 7-day lows and closed further below its 200-day SMA on 6/23/10, confirming a correction. The pace of the decline slowed, however. Technology Stock Sector Relative Strength Ratio (XLK/SPY)...
Read MoreS&P 500 Composite (SPX) broke below 4-day lows and closed below its 200-day SMA on 6/22/10, confirming a minor correction. The Dow-Jones Industrial Average also confirmed. The Dow-Jones Transportation Average and the NASDAQ...
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