New Highs New Lows
Attached is the New Highs / New Lows charts which had a quite negative week dropping below the zero line until Friday's recovery. However, the Total US 5 day total chart ended the week slightly in negative territory for the first time since November, and so is flashing a warning sign at least.
On the cumulative chart, the cumulative line has flattened and the 50 day MA of New Highs minus New Lows continued lower, and even the 200 day MA of the New Highs minus New Lows fattened out a bit. And so the New Highs New Lows charts are in neutral territory currently on Bear Alert imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.