Monday, October 27, 2008

P&F Chart Porn

This is a Monthly view of the NYSE New Highs-New Lows since 1999


Daily View


Notice that the oscillator rarely trades above 0 during bear markets.


~2% of the NYSE is trading above the 200DMA, less than 40% is no good for investors.
Posted by Charles Amadeus at 11:42 PM

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