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.)
http://z-trader.blogspot.com/2011/04/overbought-stock-indicators-42511-340pm.html
Our long-term indicators remain strongly bullish.
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