5 Indexes and 1 of them is Lagging Behind

By: Marty Chenard | Tue, Apr 14, 2015
Print Email

Today's chart compares the progress of five popular indexes ... each stacked on top of each other so comparisons can easily be done.

Four out of 5 indexes were past their key resistance levels and moving higher ... except for the NYA Index.

Note how it has a pink background color and that is because it is just below its resistance line. Since this index has such a high percentage of Institutional Investor trading activity, we really need this index move above the resistance and trend higher for a healthy market.

So, keep an eye on the NYA Index as it is very important at this stage.

NYA Index

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
StockTiming.com
Asheville, NC 28805
Tel: 828-296-1200

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.

StockTiming.com is dedicated to Stock Market Investors who want the best information on stock charts, stock market trends, stock market timing and technical analysis.

Be My Guest and Take Advantage of Our Free Membership ... Get a Free Membership to StockTiming.com ... Youll receive important daily messages before the market opens and direct links to todays important web pages. Information and messages that are often not posted on our website. There is no obligation or expectation on our part ... it is just our way of proving our accuracy and timing expertise to you. Please click here for your Free Membership.

Copyright © 2006-2017 Marty Chenard

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com