Home > heikin-ashi > Proof the Market Is Tired $SPY $SPX $DIA $DJIA

Proof the Market Is Tired $SPY $SPX $DIA $DJIA

February 13, 2013

Monthly chart:

The Modified haDelta indicator in the lower pane shows an extreme value unique on this chart staring 2003.

(Note: The current month is not closed yet so the remaining time may influence the indicator’s value).

Proof the Market Is Tired $SPY $SPX $DIA $DJIA

Weekly chart:

The Modified haDelta indicator in the lower pane sends a message of a tired equity market.

Proof the Market Is Tired $SPY $SPX $DIA $DJIA

Daily  chart:

Noisy. The Modified haDelta indicator in the lower pane shows a top. As long as it fluctuates in positive territory (green) the uptrend remains intact.

 

Proof the Market Is Tired $SPY $SPX $DIA $DJIA

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