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, the free stock alerts, market alerts and stock charts website