TECHNICAL ARMS INTERNAL DATA is ALREADY SCREAMING BUY
however, the WAVE has NOT caught up with the internals yet.
BUT As of FRIDAY NOV2nd with a CLOSE at or near the 200 day MA at the 1375 area
they WILL BE IN SYNC and ready to ROCK & ROLL.
You can look at any chart of the SPX, DOW, NDX, and YOU"LL See just about the same thing.
MY proprietary A/D index & VOL index are BOTH WELL UNDER THE 400 level THRESHOLD at 339 & 248 respectively for the 2nd day in a row.
Stay Tuned for Further Updates
Jay
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