Market Indicators

Market Indicators (05/18/2007)

NYSE (Blue Chips / Broad Market Indicator )

The Number of Highs exceed the Number of Lows.
The McClellan Oscillator continues in Negative territory.
The Summation Index continues below it's 20 day EMA.
NYSE Summation and Oscillator Chart (* Updated Daily* )




 

NASDAQ ( High Tech / Secondary Market Indicator )

The Number of Highs exceed the Number of Lows .
The McClellan Oscillator  continues in Negative territory.
The Summation Index continues  below it's 20 day EMA.

  NASDAQ Summation and Oscillator Chart (* Updated Daily* )

 


 

Market Comments
The NYSE ( Blue Chips) Indicators  have deteriorated and are now mostly Red.
The NASDAQ ( High-Tech ) Indicators  have deteriorated and are mostly Red.


 

Major Equity Indexes Study these Major Market Index charts as they act as a barometer for the investing climate,


 



The McClellan Summation and Oscillator Indexes have done an
excellent job of illustrating the NYSE and NASDAQ advances and
declines. As opposed to price or NAV data this is a measure their
Internal Strength. Checkout the above links to these charts.

Short term Market rallies are best played by Rydex, ProShares,
Ishares etc. in order to circumvent Fidelity's short term exchange fees.



 

Outstanding Chart Market Summary from www.StockCharts.com


 

Special Note:

Please remember that it is not, how much you make that is important,  but how much you KEEP. Now is the time to PLAN your market exit  strategy for preserving your capital.

 

 

Whenever all three of the indicators turn Red, for either the NYSE or the NASDAQ, the market Risk is  Great, and it is best to stand aside. ( Switch to Money Market or hedge your portfolio. )