Monday, October 5, 2009
10.05.09 - Smells Like Trend-Day Spirit
Our Mrkt_Sentiment dial swung to 100% early in today's trade, suggesting that oversold conditions may finally get bought. Strongly outpacing Up Volume soon confirmed, and the Advance - Decline, Cumulative Tick and Vix action then fell into line and now all continue to suggest upside trend-day action.
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