Feb
9
9
S&P 500 Breadth Chart
by Lawrence Chan on Feb. 9th, 2008 in Daily Commentary
As of Feb 8, 2008 close.
The short term TICK16 is moving towards the neutral zone (the horizontal zero line), placing it at a critical juncture. If it can bounce off from this level, as oppose to moving downward (like in Jan), a serious rise of the stock indices can be expected.