Sunday, June 20, 2010

NYSE Summation index quite bullish

This week outta be interesting.  So far, this market could go either direction.  Technicals have arguments going both ways.  This area is a good resistance area that could provide the interim top, on the other hand, some indicators such as the weekly summation index, are pointing to more upside.  Check out this chart
http://stockcharts.com/h-sc/ui?s=$NYSI&p=W&yr=2&mn=0&dy=0&id=p88506586411

No comments:

Post a Comment