Wednesday, May 11, 2011

Intermediate-Term Stock Indicators turn Bullish

Our intermediate-term oversold/overbought stock indicators are turning bullish at current stock market levels.  The S&P is currently at 1338 --- and was at 1336 at the last intermediate-term stock indicator change on April 25, 2011.  (Please see link below for last signal.)

Our long-term indicators remain strongly bullish.

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