Friday, June 6, 2014

Market Dashboard - Indicator Swing

Today's rally caused Primary Indicator #1 to go into the red zone, and the leading black needle of Primary Indicator #2 to go into the red zone.  I view this as bullish, however the leading directional indicator is still pointing down.  This indicates a market that definitely has the potential to continue higher, but caution should be exercised as markets are generally overbought.

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