Above the 40 (March 28, 2017) – The S&P 500 Follows Through In Bullish Form
AT40 = 41.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 59.8% of stocks are trading above their respective 200DMAs VIX = 11.5 (volatility index) Short-term Trading Call: neutral Commentary Looks like I switched the short-term trading call from bearish to neutral just in time. The follow-through to yesterday’s setup … Read more