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CBOE equity put/call ratio running very low at .42 - haven't seen a close that low since last August $$ 8 hrs ago
Since 1990, $NDX about twice as likely to be trading higher one week after four consecutive 2-day RSI readings >98. $$ 10 hrs ago
Looks like 2-day RSI for $NDX will close >98 for a fourth consecutive session today. Third day in a row for $RUT $$ 10 hrs ago
New 20-day highs 2738 vs 3059 Friday, 20-day lows 152 vs 196 Friday. $$ 1 day ago
Heading into the final hour, Cumulative TICK +62,000, 20th consecutive session above zero. TICKscore +2. $$ 1 day ago
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Comments, data and trading signals herein are for informational purposes only and are not recommendations to buy or sell. All information presented is believed to be accurate but is not guaranteed.
One Other Thing…
By Rennie on Friday, February 5th, 2010 at 3:53 pmOne other point about this afternoon recovery…
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