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.