Monday, March 8, 2010

Still way overbought

In case any of you readers were wondering, here is how the McClellan Oscillators look after the action, or the lack of it actually, today. Still way overbought.

On why I consider the action in the markets today to be bullish despite the close in red, please see here.

Take care and good luck tomorrow.


Sam said...

Stumbled upon your blog. Clear, concise posts. So, bookmarked and will keep checking back often.

positiontrader said...

Thanks Sam! I try :)