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[RT] Market Barometer update



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Attach please find the market barometer as of the close on Friday

 

As you all noticed Fridays close is the highest price in over 60 days

However, every time in the last 10 days when it was making its progress in price higher for the sp500

The barometer is not participating

And currently showing a bearish divergence

Its first price objective (right price scale is 935

And in about 5-10 days 900

Could be sooner

For additional information on this

http://www.stockindextimer.com/barometer/

or for metastock version

profitok@xxxxxxxxxxxxx

Ben

 

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