Until see some pullback indicator don`t expect strong performance next months.
Pullback indicator can occur sideways conditions or new corrective movement.
Click to zoom in.
Monday, April 11, 2011
SPX - Weekly Remain Overbought conditions 11/04/2011
Market after last pullback remain overbought conditon / Weekly EMA(13) is way too high above weekly EMA(34).
Until see some pullback indicator don`t expect strong performance next months.
Pullback indicator can occur sideways conditions or new corrective movement.
Click to zoom in.
Until see some pullback indicator don`t expect strong performance next months.
Pullback indicator can occur sideways conditions or new corrective movement.
Click to zoom in.
