Friday, June 26, 2009

Finally a buy signal

It's been pretty quiet lately, but finally yesterday there was a nice spike upwards in the Number of Climax Lows indicator. There were 245 Climax Lows yesterday to be exact.

There was also a Climax Low signal in the Ishares Russell 3000, which is our main stock index chart these days. The symbol is IWV.

Check it out with the GigaScanner. Here's a link to the new stock screening cover page. Click on "quick charts and screening" link at the top for the single-page stock-screening interface, which has IWV set as the default chart.

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