Wednesday, October 20, 2010

Status Quo





















TNA still in consolidative range on daily chart: Absolute (CCI) less than 100. $NASI went back to positive today. Intermediate trend (i.e. Weekly TNA chart) still bullish. The Weekly TNA chart "feels" like 3/22/10 (consolidation 15): CCI~150, green positive AO, white KH, rising TSI less than 15, rising RSQR between 0.33 & 0.5, and DEMA greater than MA greater than EMA. Remain 90% in cash.
BV50 Barclay Racer from the 1930s (just like our stock market).

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