While Friday ended with a bit of a high note, this week's activity shows more negative than positive for the indicators.
Case in point, let's look at the NYSE. The last 5 weeks have shown more 52 week lows than highs.
A look at the NYSE Advance Decline 200 day moving average on Stockcharts shows we crossed below the line at the end of September.
Finally, the major indexes have either crossed below their 30 week moving average or are touching the moving average line.
The indicators are now red.
