On May 26, 2010, In Technical Analysis, by Steve Warshaw
Look For The New RPBO Relative Sector Performance Indicator Coming June 14th! Industrials managed a small gain today, but the rest of the market continues to be very bearish. Heavy selling during the last 30 minutes of trading left the major indicies down for the day, with the DJI-30 closing below the 10,000 level.
On May 24, 2010, In Technical Analysis, by Steve Warshaw
Dow 10,066.57
On October 20, 2008, In Market Updates, Technical Analysis, by Steve Warshaw
S&P 500 Trend: Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
