Market Snapshot 19-10-2015

Use the following table for a quick measure of the markets over a variety of time-frames.

Click the image for a better view…

19-10-2015 12-12-31

 

Although IWM remains in a long-term bear-trend, the SPY has transitioned from a long-term bear trend to a long-term neutral trend.

41% of Russell3000 stocks are trading above their 200 day MA. This is unchanged from a week ago.

The most over-bought ETF which also has a negative volume profile is IBB.

The most over-sold ETF which also has a positive volume profile is QID.

The strongest equity market sector during the past Qtr remains Utilities. The weakest remains Healthcare.

 

19-10-2015 14-32-58 sectors

 

The short-term buy signal in OME which was produced at the close last Wednesday (see post here) is currently breaking out to a new 52 week high.

No similar signals are found today.

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