Above the 40 (September 27, 2017) – Small Caps Almost Push Market Through the Overbought Hurdle
AT40 = 69.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.8% of stocks are trading above their respective 200DMAs VIX = 9.9 Short-term Trading Call: cautiously bullish Commentary This was one of those days where I have to assume some trading algorithm is having fun with technical indicators. AT40 … Read more