DP Alert Mid-Week: ST Indicators Rising Quickly, Not Necessarily Good – XLB ITTM Neutral Signal

DP Alert Mid-Week: ST Indicators Rising Quickly, Not Necessarily Good – XLB ITTM Neutral Signal

May 16, 2019 Off By readly




Short-term signals on the DecisionPoint Scoreboards below certainly reflect the market’s weakness this month. It would seem that we are bouncing at a critical juncture. The Materials SPDR (XLB) collected an Intermediate-Term Trend Model Neutral signal, which you’ll see on the DP Sector Scoreboard. 

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Source of this (above) article: http://blogs.stockcharts.com/articles/decisionpoint/2019/05/dp-alert-mid-week-st-indicators-rising-quickly-not-necessarily-good—xlb-ittm-neutral-signal.html