Phil's Stock Market Blog

Looking at the market indexes, symbols DJIA, NASDAQ, and SP500. The blue indicator line (second from top) shows the daily number of Climax Low signals across the database. Recent behavior indicates accumulation along the lows. I still think the stock market has bottomed out - although if it starts making new lows I'll be singing a different song!
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There was a Climax High signal in the DJIA a few days ago, which lead to a short-off all week. Expect a bounce attempt.