10 day highs minus lows.. in neutral.. can handle one more soft day before turning bearish.. $Study

September 7, 2010
By

Score: +0

The 10 DHL went into the neutral column today with the price action from Tuesday.  The question is are we cycling down or is this a rest before going higher.  The overbought condition from Friday is in the past and we could put in some lower prints tomorrow and still stay in neutral with a rising momentum line.

 

Two days of lower prints would turn us bearish again.image

Video: How to interpret 10 Day Highs minus Lows

Download: StockFinder  5.0 10 DHL code

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