Thursday, October 30, 2008

Bullish Percents positive once more

Another clean sweep from the Bullish Percents as Nasdaq, S&P and Dow all lie on the bullish side of the fence after the October 22nd bull signals were quickly undone:


There was a sharp advance in the Dow bullish percents:


With a lesser but still respectable advance for the S&P's:


Now it's up to the indices to build on this strength. It will be a long road but seasonally, the worst should be behind.



Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website
 
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