Blog Post On: 3/25/2010

Stock Market Timing Model (MTR-TM): Market Up Signal on 2/17/2010

  • Uptrend slightly broken
  • Bigger risks for downside action: 
    • Another distribution day today 3/25 on heavy volume
    • MTR Indicator turned negative
    • NYSE and NASDAQ Advance/Decline Lines broke to the downside
    • Earliest time for a forecasted MTR-TM Market Down signal will be for Monday 3/29

NYSE and NASDAQ Advance/Decline Lines broke to the downside on Wednesday 3/24