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Algokid
Jul 26, 2014 6:29 PM

WEEKEND UPDATE : 7/26/2014 

S&P 100 Stocks Above 200-Day AverageINDEX

Description

The S1TH index declined more then 10 % this week , going from 93 % to 83.16%. We got strong earning reports from AAPL, FB, but got mix results from MSFT and CAT. The S1TH remains above the 65 % , at 83 % , and only 2 of 3 supportive indicators are positive (RSI is below 50 ) , so this market is still "tradealble"

cheers

Algo
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