I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, March 16, 2010

Moops

Not much going on. Rally is still winding up on bad internals and volume. And it will do that as long as it can.

The NYSE McClellan Oscillator is starting to signal a change though. It is heading down and my fast trigger is about to turn under the slow trigger.

Might be something, might not be. .... So we sit and wait.



2:30 Advance Decline Chart

No divergences yet



2:50 Dollar Futures Chart

Update from http://2.bp.blogspot.com/_OpWmYZm7O8I/S55Y4ipn39I/AAAAAAAACS4/hypuLcdeREk/s1600-h/ScreenShot156.png



3:45 - Cumulative TICK on a 5 minute chart per Kevin's idea

blog comments powered by Disqus