Thursday, November 15, 2012

Market Getting Oversold 11 14 2012



Click on charts for easier viewing.)
(Then click the large white X in the upper right corner to return to the blog)



Market Snapshot

Oversold


Market Direction Model

Our sell signals proved to be right on.


Chart View

The Market Direction has been down since mid-September.



The market is getting oversold. We should expect a bounce soon. If a meaningful bounce does not transpire, the odds increase that we would be entering a cyclical bear market.


This blog post does not constitute an offer of investment advice. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.

No comments:

Post a Comment