Today will most likely see more of the same with Europe and
Asia turning in negative or weak results for Friday’s session. The models remain Bearish as the underlying
stocks continue to weaken in and of themselves.
The lists which I put together and follow for my own use have lost
Bullishness at a rapid pace this week.
See below, the absolute distribution has moved into the Bearish camp
down from a 79% Long recommendation level as of the August 1st close
to the current level as of yesterday’s close.
No comments:
Post a Comment