Ten day highs minus lows remain weak .. $SPX [Chart]

Score: –4

 

Only the RUT was able to put in a neutral score on the 10 DHL charts from Friday’s action.  The NYSE (top) and Naz (middle) both had weaker daily bars but just slightly.  Monday should be a test for the bears as 10 DHLs that drop off suddenly buy don’t maintain a decent downward slope tend to correct to the upside after2 or 3 days.  More research to come this weekend.

 

 

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Video: How to interpret 10 Day Highs minus Lows

Download: StockFinder  5.0 10 DHL code

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