Wednesday, November 17, 2010

Stock Indicator Update; Twitter 11/17/10

Earlier today, we "Twitted" about our stock market indicators changing. Note that we will always post changes to our long-term or intermediate-term overbought/oversold indicators on our blog or Twitter.

In particular, our oversold indicators turned fully bullish after a modest long position posted several weeks ago. This is interesting because many analysts believe that the market is "turning over" to the downside.

Our long-term stock market indicators remain fully long as well. These indicators have been long as the market rallied to recent highs.

Check out our blog and/or Twitter for stock market indicator updates -- as well as information on other markets such as futures and commodities.

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