Archive for October, 2008
A Possible Market Bottom?
Chart courtesy of DecisionPoint:
The chart above features the McClellan Oscillator, which is the difference between the 5% and 10% Indexes, which are a 19-EMA and 39-EMA of daily advances minus declines. It reflects the short-term strength and direction of market liquidity. As you can see, the previous market ‘bottoms’ or swing points over the [...]
