Friday, July 9, 2010
Nasdaq New High-New Lows 10 day Moving Average
The Nasdaq New High-New Lows 10 day Moving Average has been negative since mid-May. This was a signal to sell the Market. One should buy the Market when the MA goes positive (e.g. early April 2009). See http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID95481&cmd=show[s77697062]&disp=O for more signals from Henri Straetmans.
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