Web Statistics Advance Decline indicators.

Thursday 1 November 2012

Advance Decline indicators.

Even though the market is not out the woods just yet. Have a look at the leaders advance decline chart. As you can see we dipped down into the -200 area, an area seen as good support or a BUY ZONE AREA. And from there we have seen some buying over the last few days, as predicted.

Once we cross the Zero 0 Line, that will give a more stronger buy signal, it is close but still not there.






Even though the US is getting over the hurricane damages, and the market is back trading, It seems that in the short term we are bullish for now, with one day left this week.


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