Saturday, February 13, 2016

Weekly Market Update: Gloomy

My indicators continue show a Bear Market.

1 - 3. Major indexes vs. their 30 week moving averages. All three indexes have downward sloping 30 week moving averages and their close lines are still below the moving average.




4. Convergence of NYSE AD and DOW. Both moved down this week. Click here to see Barron's chart.

5. NYSE 200 day Moving Average.The NYSE is still well below its 200 day moving average.





6. NYSE 52 Weeks Highs vs. Lows. Any improvement from last week is gone.


7. NYSE 52 Week High Low vs. Dow Convergence/Divergence. Both down.


 8. International Markets. The Global Dow is still way below its 30 week moving average.

 
9. Cost of a Dividend on the DOW.  Still costly at 36.10
 

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