Wednesday, March 23, 2011

Market Timing Update (3/23/11)

[EOD] stocks -
SPX and INDU both closed above their respective EMA50, with INDU also above its SMA50.

There's no overbought readings on a daily basis yet. MACDon INDU about to cross up.

The "clearest" squiggle count remains with the Dow futures.

[120pm] Mid-day update -

[730am] Overnight update -