Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Friday, October 24, 2014

Low Volume, Creep Up Friday

Stock Market Technical Analysis

click on image to enlarge

In the market today we are having a classic low volume, creep up Friday.  Looking at the upper cluster, the VIX and VXX are still maintaining while the S&P and Nasdaq creep higher.  Looking at the lower cluster, in charts 1-4,  I replaced the 50 EMA with the 50 SMA which is what's coming into play now.  Only notable change overall is in chart 6 where the red EMA has appeared topside of the green today.

Trade well my friends


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