A change worth noting today. Bull correction in the New York Stock Exchange Bullish Percent Index. Defense! A good time to take risk off the table.
Monday, November 21, 2011
Sunday, November 20, 2011
Tom's Tea Leaves
A bearish development. The S&P500 daily point & figure chart shows a bearish triangle breakdown.
Friday, November 18, 2011
Tom's Tea Leaves
Charts courtesy of Stockcharts.com
Here is the EEM chart. You can get a bigger view if you click on the picture.
This is the SPY chart, looking mildly bearish.
This is the SPY chart, looking mildly bearish.
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