10 Day highs minus lows index has turned neutral from bearish.. $SPX [chart]

Score: –0

The 10 DHLs for all thee indexes put in stronger daily bars but the momentum bars are still curled,  this scores a  neutral 0.  The index is waiting for either weaker daily bars to confirm bear or enough new highs to curl the momentum indicator to the bull side. If we get some follow through on Wednesday we could see this chart turn bullish by Thursday.


Video: How to interpret 10 Day Highs minus Lows

Download: StockFinder  5.0 10 DHL code

Follow me on twitter: @redliontrader

Leave a Reply