Info!! Indicator Update For February 25Th

large differences alongside sectors: Only 14% of fiscal stocks are trading higher upward their 200-day averages; 81% of unloosen energy stocks are higher upward that benchmark.

Sentiment - We're seeing some pregnant bearish watch inwards the equity put/call ratio, with set book exceeding telephone telephone book during 4 of the by 10 trading sessions, including Friday's trading. Put book exceeding telephone telephone book has been a feature of intermediate term bottoms for the by several years, including the Jan lows. Interestingly, I am non seeing the expansion of book on declines or the expansion of traffic on this weblog that bring likewise characterized intermediate-term bottoms. So I'd state that at that topographic point is footling panic, every bit much an absence of bullishness every bit an excess of fear.

Advance-Decline Lines - The AD Line for mutual stocks inside the NYSE Composite Index continues to hover inwards a narrow hit simply higher upward the Jan lows. The same designing is acquaint for the AD Line specific to S&P 500 large cap issues; nosotros are real around breaking the Jan AD-Line lows alongside S&P 600 pocket-size caps, S&P 400 mid caps, in addition to NASDAQ 100 stocks. The greatest relative forcefulness inwards AD-Line, far in addition to away, is alongside the Dow thirty Industrials. These mightiness hold upward serving every bit a relative security haven during times of fiscal insecurity.

All inwards all, the bear witness is suggesting an absence of bullish interest, every bit observed inwards the NYSE TICK, the weak novel highs/lows, weak momentum, in addition to tepid AD Lines. If this designing does non change, I volition hold off a examination of the Jan lows, in addition to volition hold upward looking for divergences alongside the indicators should that examination materialize.

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