Monday, January 16, 2006

Market Overview: 06-01-17 Tuesday

Upward momentum decreasing. Energy momentum still holding. $xau, EEM, $sox monemtum weakening.

Key levels:
$compx: 2284, beneath which = congestion, directionless.
$compx-tlt: 24.9
xle: 53.05
$xng: 411.6
$sox: 512.2

$osx:$sox ratio: favoring $osx, marginally

 

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