Certainly looks set for a sell off DULL.
Below is a chart of the daily closing price of the DJIA along with the number of stocks in the Dow Jones 30 that made higher highs and lower lows. Since there are 30 component stocks to the DJIA, the maximum value of stocks making higher highs is 30. This is also true for the number of stocks making lower lows. Notice that when the number of stocks goes to an extreme, the DJIA tends to reverse direction if only for a few days c/- Small Investors Software co.
Certainly looks set for a sell off DULL. Below is a chart of the...
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Last
25,629 |
Change
-28.440(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 25,629 | 0.00 | 0.00 |
