The Average Investor's Blog

A software developer view on the markets

Friday Indicator Preview

Posted by The Average Investor on Dec 2, 2011

Unless the markets close sharply higher, more than 5.13% on the S&P 500, the 20-week moving average will be above the close, thus, no changes to its out-of-market status. Likewise, the contrarian DVI indicator is also indicating a short as of the Friday’s close and so does my ARMA indicators for most of the values (a bit unstable today). Are the indicators foreseeing something we can’t grasp by our emotional thinking? Next week will tell.

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One Response to “Friday Indicator Preview”

  1. […] The markets had their best week in more than 2 years, more precisely since March 2009. The S&P 500 ended up the week a whopping 7.31% higher. The up-move was sufficient to push the index above it’s 20-week moving average. It seems I did the math wrong in my previous post. […]

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