Sunday, October 24, 2010

McClellan NEAR ZERO with SPX at recovery HIGHS

Compare the above Graph Oct 22nd to APRIL 26th, 2010
the McCLellan Osc is AT the ZERO LINE, while STOCKS are at
recovery HIGHS- what does that say about the sustainability
of this market- IT SAYS EXTREME CAUTION is warranted

Jay
Compare the ABOVE Current level and position to
OCTOBER 2008, just before the big declines

Jay

3 comments:

  1. I guess long Repubs, short Dems for the election. Cant take it anymore.

    ReplyDelete
  2. S&P 500 before opening bell: CLICK HERE

    ReplyDelete
  3. REZA
    get ready for 3 days of HELL
    only if your a bull
    Jay

    ReplyDelete