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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (35658)7/28/2012 9:59:48 PM
From: Sergio H  Read Replies (2) | Respond to of 221887
 
Reporting on simple TA, moving avg. test held up well and has set up c & h now testing resistance.

Looking at market internals, short positions have been declining. New highs have exceeded new lows. But on negative side, companies have been reporting short on revenues while exceeding bottom line earnings.

Going forward is getting more tricky.