Friday, July 2, 2010

Percent of Stocks Above 50 Day Moving Average Back to March 2009 Lows

Posted by Mark at 9:40 AM TweetThis
We're definitely 'oversold'.  This measure is not only below the worst of May (which in and of itself was extreme) but within a hair of March 2009 lows.

Wax on.  Wax off.  Student body left. Student body right.  Risk on.  Risk off.

[click to enlarge]


Posted by Mark at 9:40 AM

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