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hiker

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Reply with quote  #1 
* note that all the criteria mentioned in today's article by Greg Morris are now in "bear mode", including the NYSE Composite index price action's 40-week sma which has only recently developed a clear downward slope

today's article by Greg -

http://stockcharts.com/articles/dancing/2015/09/zahorchak-measure-ii.html 





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fib_1618

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Reply with quote  #2 
Thanks for bringing this to our attention Steve!

Fib

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hiker

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Reply with quote  #3 
Greg Morris' "confirmed" bearish criteria - weekly chart - Friday October 2, 2015 update:

* the three weekly moving averages for the $NYA price action are pointed down

Greg Morris bear criteria weekly chart - October 2, 2015.png


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mojave

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Reply with quote  #4 
Updated.  Top 2 panels are the 'daily' versions (top = original, 2nd panel = alternate).  Bottom 2 panels are 'weekly' (3rd panel = original, bottom panel = alternate).  

Posted because there has been some movement... you can see the orig weekly (3rd panel) poked it's head above the ZERO line.  Both daily charts, and the alternate weekly, remain firmly < ZERO fwiw.


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