Jerry Samet
06-27-2012, 07:09 PM
The market was up all day and managed to close near the highs of the day. Volume was mixed, up slightly on the over the counter market and down slightly on the New York averages. The COMPQ closed above it's 21dma and could have the lows above this moving average on any strength tomorrow, resulting in a B3 buy signal in the MEM. Leading stocks were mixed on the day with the leaders index up .21% on higher but still well below average volume. This index is riding the 9dma. The market was up two days in a row but the current choppiness makes it hard to make progress in either direction Jerry