Monday, June 7, 2010

Internals bearish

Market internals are bearish.. again. TRIN is at 168 (note.. anything over 100 is bearish, under is bullish), nasdaq is even worse with 235. ADD (advancers vs. decliners) is negative after starting out positive. -400, and the tick is in negative territory. Not much reason for this market to rally, I think.

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