INTERMARKET TRENDS TURN MORE NEGATIVE FOR STOCKS
Post# of 144503
Posted On: 05/31/2012 12:40:33 PM
INTERMARKET TRENDS TURN MORE NEGATIVE FOR STOCKS
-- NEW LOWS BY BOND YIELD AND COMMODITIES ARE SIGN OF WEAKNESS
-- SO ARE WEAKER FOREIGN STOCKS WHICH MAY TRACING OUT A HEAD AND SHOULDERS TOP
-- DOLLAR AND YEN RISE WHILE OTHER CURRENCIES TUMBLE
-- ONLY HALF OF NYSE STOCKS REMAIN ABOVE 200-DAY AVERAGE
-- WEEKLY MACD LINES TURN NEGATIVE FOR S&P 500
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