Overblog
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28 février 2012 2 28 /02 /février /2012 22:42

Market is overbought, no doubt about that.

It looks like nothing can stop this market and it will probably be painful when the market reverses, but as long as it holds, bulls are on the right side and bears are losing money and patience.

 

Our Sigma trend Index slightly improved today, telling us the uptrend is regaining some momentum.

 

oscillator20120228.jpg

 

At the same time, our Summation 21 index gave a fresh buy signal

 

sum21_20120228.jpg

 

We are really surprised by the length  in time and in percentage of this upleg, but we don't have any sign of trend reversal for the time being.

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  • : Le blog de sigmatradingoscillator
  • : Professionnel de la finance de marché depuis plus de 10ans, j'ai mis au point une série d'outils de trading me permettant de prendre et couper mes positions. Ici, j'écris un update quotidien sur la situation du CAC,DAX, Eurostoxx, SP500, Nasdaq100. Attention Les éléments repris dans ce blog représentent uniquement mon opinion personnelle et ne constituent en aucun cas une incitation au trading ou du conseil financier. Pour du conseil, consultez votre conseiller en placement
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