Click to enlarge.
Wednesday, December 14, 2011
A Pause to Refresh
The Summation Index bounced off its 13 day moving average and turned back down. It looks like the market will take a breather here while it digests the news from Europe. All the indicators are pointing towards the correction continuing for a while longer.
The $SPX, MCO and Summation Index
Click to enlarge.
Click to enlarge.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment