10 Day high minus lows

Score: +6

Starting to get to the overbought area on the 10 DHL but even as we weaken the market could rise.  I have included a picture of the price action in July 09 to illustrate:

 

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Notice how the 10 DHL peak out right about where we are now and then began to drift lower.  There was so much power and thrust in the move that prices continued to move, in a slower manner, as the 10 DHL’s decayed.  We could see that now over the next few week.. totally frustrating the bears.

 

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Video: How to interpret 10 Day Highs minus Lows

Download: StockFinder  5.0 10 DHL code

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