Friday, January 14, 2011

Intermediate Stock Indicators -- Flat

Our intermediate-term indicators went flat today, as mentioned in our blog post just before the market closed earlier today. Note that we will always post changes to our intermediate and long-term stock models to this blog. For faster access to this information, please subscribe to our blog and twitter (z_trader).

Normally, our intermediate-term indicators don't change this quickly. The last signal change was on Tuesday, January 11th. However, the rapid rise from Tuesday's close of 1274, to today's (Friday's) close of 1293 caused our overbought models to go neutral. The typical intermediate-term signal is more like 2 weeks or so.

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