1 reply to this topic

[tommyt]

... and look from a weekly perspective...glaring bear divergences on the last high and now turning down. This normally leads to a decent, if not big move from the weekly chart. The summation index (daily) looks aweful, with a series of lower highs, higher cash. I gots to think price is going to catch up...its got a shot here, but probably a better one after a decline, then failed rally in july/aug, diving into the sept/oct time frame. Finally add Inv Intell of 56.7% bulls and you finally have some decent signs on the sentiment side. The other side is the liquidity boom and private deals making most of my bear trades worthless in the last couple of years. I remain short, although not a big one, yet.

http://stockcharts.c...5624&r=5847.png

anyone know what happened to dceng?

[Russ]

Looks like trouble coming weekly ppo has crossed over...

http://stockcharts.com/c-sc/sc?s=$INDU&p=W&b=5&g=0&i=p90420837753&r=270.png