8/13/12

Technical patterns

Since June the S&P 500 has been rising. However, since July the difference between stocks advancing and declining has a slight downward bias.

In other words, the market went up with an increasingly lower number of advancing stocks.

Interesting divergence.

George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager

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