Stan Weinstein’s 30 Week High-Low Indicator
Several months ago, we took a look at Stan Weinsteins 30 week high minus lows indicator. Time for another look:
We had nice divergences at the 2009 lows and again at the April High. Now however the high/low indicator is moving sideways as is the market I suppose. Regardless of your emotional attachment this indicator is saying wait and see.
ETF Range Projections & A Quote to Start the Day
Confidence is contagious. So is lack of confidence.
- Vince Lombardi
For more detailed economic data click “Today’s Calendar” in the navigation bar to the left. 
For the most part overseas markets are listless this morning: Nikkei 225 +0.86%, Hang Seng -0.54%, Shanghai -0.21% DAX -0.30% and the FTSE 100 -0.73%
At about 7:05 AM ET, more in line with European trading the futures are indicating a slightly lower open: Dow -23, S&P -2, NAZ -8, Oil -$0.81 and Gold -$2.40
