Tuesday, September 6, 2016

Weekly Stock Martket Update: Positivity Continues

The market continues to trade within a range. All my indicators remain in the positive.
I recently bought some BlackRock stock. Here is a screen from ChartMill showing how it is doing. It is 3 weeks into Stage 2 (see the bottom chart with the green bars). The Relative Strength is positive (see the middle chart), and the 30 week moving average (see the red line on the top chart) is positive and the close is above the line.

Chartmill is a great site to use for Mansfield indicators and scanners. You can sign up for free and buy credits too. I like to buy credits for scanning when I am looking for new opportunities. Here is a link to their documentation on Weinstein Indicators.

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