Everything has topped or is topping on the daily cycle. We might move sideways to burn off these overbought levels or may might go down ... either can occur. The money flow is close to bottoming (blue line) ... it will be interesting to see what the market does once it heads back up the cycle again.Thursday, August 6, 2009
Stock Market Update - August 6, 2009
Everything has topped or is topping on the daily cycle. We might move sideways to burn off these overbought levels or may might go down ... either can occur. The money flow is close to bottoming (blue line) ... it will be interesting to see what the market does once it heads back up the cycle again.
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