Surprise surprise - two weeks ago I wrote - "With such slow motion one red candle could wipe out the gains from the last 2-3 weeks."
Here we are one red candle 1,50% and last 4 weeks gains wiped out. As I said market breadth indicators look awful prices grinding higher - perfect recipe for a sharp and short living sell off.
Mar 6, 2012
Mar 3, 2012
Weekly review / Седмичен преглед
Nothing has changed... only the market breadth indicators are looking much worse
McClellan Oscillator
McClellan Summation Index
Percent of stocks above MA50
McClellan Oscillator
McClellan Summation Index
Percent of stocks above MA50
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