Aug
24

Watch the Midpoint

By on Tuesday, August 24th, 2010 at 3:47 pm

S&P futures currently trading just above the day’s midpoint at 1051.25 despite 2:1 negative breadth. If the advance/decline ratio stays below .50 and the S&Ps settle above the midpoint, a short-term sell signal will be triggered. See this May 25th column for a recent track record.

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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.