Posts Tagged ‘momentum indicators’

Dow Industrials, Transports, S&P Close Below Key Moving Averages

Monday, June 22, 2009 15:06 No Comments

Last week, we mentioned that technical indicators began to turn negative. Technical damage continued today as the Dow Jones Industrial Average, Dow Jones Transportation Average, and  S&P 500 closed below their pivotal 50 and 200 day moving averages (first time since March), with all 3 averages registering an RSI sell signal.  NASDAQ bucks the trend [...]

This was posted under category: DXD, Dow Jones Industrial Average, Dow Transports, NASDAQ, S&P 500 Index, TWM Tags: , , , , , , , , , , , , , , , ,

US Dollar Losing Steam

Friday, December 12, 2008 19:02 No Comments

The 2008 US dollar rally is losing steam and may be coming to an end. I know that the run up in the currency left many in the financial world scratching their heads. How can the currency of a collapsing economy strengthen? Why, when trillions of new dollars are being created out of thin air, [...]

This was posted under category: $GOLD, $USD, 50 Day Moving Average, Bear Market, Charts, Commodities, Economy, Federal Reserve, Gold, Indicators, Inflation, MACD, Money, Oil, RSI, Special Reports, Technical Analysis Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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