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The latest from the
IndexHunter session 10/27/2009 DIA - still a little bit sideways motion. The predominant force on the market is still down. Weekly is not forcing the price to move higher, but it still has the ability to move higher. daily continues to weaken. for longer term traders there is nothing of value, but still should be looking for upside entrances. NEM - had a double top with a downside divergence. MALLSTOR - weaker than the DOW. weekly is still at a high level, but the macd is breaking down and the daily is still moving lower. DDS - blue line below signal line, has a nice clean look. |