40 DMA Percent Index puts in mixed performance.. $SPX

Score: -4

The 40 DPI put in a mixed close with the Nasdaq actually putting in a stronger day on the signal while the NYSE and RUT broke down with the strong selling into the close.  This left the NYSE and RUT with minus 2 scores each and the Nasdaq with a neutral score.

 

We remain for a second day below the buy/sell line indicating that trades are still on the short side.

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Video: How to interpret 40 DMA % Index

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