Saturday, May 15, 2010

SUSI WEEKLY UPDATE I


  • The long side offers opportunities on the precious metals, Treasuries and on the ULTRA Bear side
  • The short side seems to pick on most key economic sensitive sectors like OIL, Materials, Tech, Banks
  • The high scores on both sides indicate oversold/-bought markets that can continue their run until they turn. The fact that the DeMark Weekly counters are still far away from double digits indicate more room to run.
  • Some of the long opportunities show Correlation Days in the high teens, which means that institutional money has deviated from the main trend for some time to get in position for the next run, which in this case supports the bullish outlook.
  • You also see that some nice clusters of signals that are additionally supported by Exhaustion readings and Chart Pattern Signals

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