Weekly Update: Markets signal downtrend

Three of the nine indicators are in the red this week signaling weakness in the recent market improvements.

Bull Indicators: S&P, NasDaq and Dow are all above their 30 week moving averages.

Bear Indicators: NYSE A-D trending down, more 52 week lows than highs, Global Dow is well below its 30 week moving average, and the Dow showed strength while the NYSE showed weakness in the A-D and 52 week highs.