Monday, August 24, 2009

Morning Market Review 08/24/09

The market is making higher highs, and is trading above its VWAP, Friday's high and the overnight high. However, the range is much smaller than most of last week's ranges.

Both the NYSE Advance - Decline Line and the TRIN are bullish, but not quite as bullish as Friday.

The $TICK moving averages are indicating a weakening of upward momentum.


No comments:

Post a Comment