Zweig Thrust

Zweig -> Sideways for 26 days now

December 9, 2009

The Zweig is now 26 days since being either overbought or oversold. although not that unusual it is the longest since the March 9th rally began and is another indication that this market is changing. Thank you for subscribing.
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Zweig is capturing this market perfectly..

December 4, 2009

By redliontrader

.. it is just chopping around in this neutral zone as confused as the rest of us on whether or not this market is going up or down. Unable to get into oversold or overbought. I am anxious to see how this resolves as this is the only indicator of the ones I closely...
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Zweig

November 22, 2009

By redliontrader

Our Zweig has failed to make it into overbought and indicates as it has in the past during this run that this thrust is over as far a making new highs. I expect a return at least to the red line area before the markets mount another push for the top. We could get...
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