Tomorrow is day four of the move off the lows last week. The market remains in position to move higher as price is above the low of the high volume up day last week. Tomorrow would be a good day for another big up bar on volume. I don’t have any idea if we get it. But a second thrust up on day four would be encouraging.
Low Volume Day Waiting for Follow Through
November 17th, 2008 4 Comments
Tags: Market Internals · McClellan Index · New York Stock Exchange (NYSE) · Volume
Inflation-Deflation Update
November 17th, 2008 4 Comments
An update of some charts I have posted in the past that measure prices on some commodity indices. These measure some aspect of inflation, lack of inflation, or deflation. I do not see anything inflationary for at least six months
Tags: Gold · Inflation-Deflation