I’m posting before the close so numbers may change slightly tonight.
CURRENT SUMMARY OF APPROXIMATELY 50 INDICATORS:
As of 3:30 or so: Of the
50-Indicators I track, 2 gave Bear-signs and 18 were Bullish. The rest are
neutral. (It is normal to have a lot of neutral indicators since many of the
indicators are top or bottom indicators that will signal only at extremes.)
TODAY’S COMMENT
The daily, bull-bear spread of 50-indicators improved from +14 to +16 (14 more Bull indicators than Bear indicators), a BULLISH indication. I consider +5 to -5 the neutral zone. The 10-dMA curve of the spread (purple on the chart above) smooths daily fluctuations; it continued higher, a BULLISH sign.
BOTTOM LINE
I’m bullish and fully invested.
