Tuesday, December 8, 2009

12.08.09 - Very Negative Cumulative Tick + Rising VIX


Although price is holding its morning lows, internals are showing no sign of support for the afternoon session, for which I expect price to continue to struggle.  Also note that the twenty-day moving average has failed to hold or inspire buying as yet.  I was able to cajole Google doc's Market Metrics back on line this morning (right hand side).  Maybe it was last night's post.  I'll still be looking into alternatives for that feature.

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