40 Day % Index – patiently bullish – presently neutral [chart]

Score: +0

I thought maybe the 40 DPI of the NYSE might hang in there based on the close but the rally at the end was not enough to unhook any of the indicator. The downward pointing index is a negative but the fact that all three are above the signal line is a positive so the chart stays in neutral for the day.

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Video: How to interpret 40 DMA % Index

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