10 Day High – Low still in Neutral to Sell

November 25, 2009
By

image

This indicator lately has not be performing well as we have rallied with market breadth weakness.  There is an underlying sell going on that is not reflected in indices.  (Maybe a flight to quality).  Currently they are setting up to issue a buy signal, perhaps into the closing today if we rally, but if Friday has any strength it should be in the Buy camp.




Switch to our mobile site