The GMI and GMI-R fell a little as the IBD growth mutual fund index fell back below its 50 day average. One good down day will tip my indicators to the negative side. The key is to be patient and not jump the gun.
Stock Market Technical Indicators & Analysis
The GMI and GMI-R fell a little as the IBD growth mutual fund index fell back below its 50 day average. One good down day will tip my indicators to the negative side. The key is to be patient and not jump the gun.
my indicators still + too, so holding onto long positions (have minor short position in housing). mkts held support well yesterday and rallied into close. From the futures, looks like we’ll start Friday in the red. These levels are either a very good buying juncture or the start of a negative turn … with the indicators still giving “+” readings, odds are it is the former.
my indicators still + too, so holding onto long positions (have minor short position in housing). mkts held support well yesterday and rallied into close. From the futures, looks like we’ll start Friday in the red. These levels are either a very good buying juncture or the start of a negative turn … with the indicators still giving “+” readings, odds are it is the former.