49% of Russell stocks above 50 DMA with the index near the highs.
This has "Suckers rally" written all over it.
Participation on all indexes is nonexistant, just a few parabolas still going.
Edited by ogm, 12 September 2013 - 12:53 PM.
Russell looks the weakest.
Started by
ogm
, Sep 12 2013 12:51 PM
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#1
ogm
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Posted 12 September 2013 - 12:51 PM
2 to 1 negative A/D on all indexes, except Naz, is only 3 to 2 negative.
49% of Russell stocks above 50 DMA with the index near the highs.
This has "Suckers rally" written all over it.
Participation on all indexes is nonexistant, just a few parabolas still going.
49% of Russell stocks above 50 DMA with the index near the highs.
This has "Suckers rally" written all over it.
Participation on all indexes is nonexistant, just a few parabolas still going.
