Wednesday, June 24, 2009
S&P 500
Almost neutral with a bearish tilt. If the recent upward trendline is broken, we will likely be testing 875 soon.
Here is a snapshot of the Nasdaq, S&P 500, and Dow Jones Transports with the top 4 MADe strategies for each.
S&P 500
All four strategies have buy signals recently.
Nasdaq
2 Buy signals with the other 2 turning into buy signals very soon.
Transports
The transport strategies all consist of quicker trades. I need to update them so they are a little more diverse, since all four look exactly the same. All four are at buys right now.