The stage indicators this week turned green. Santa Clause rallied to bring them up.
Tech via the NasDaq took a bit of a hit in the last couple of weeks, but the 30 week moving average is still sloping upward which keeps us in stage 2.
If we look at gold versus the S&P we see gold is below the S&P. I read that as a positive indicator.
Merry Christmas!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.