ARTICLE SYNOPSIS...After making a new low today, the NYSE Composite index staged a major turnaround. But is this truly the end of the major downtrend that began a year ago?
ARTICLE SYNOPSIS...A look at the McClellan oscillator for the NYSE Composite iShares shows that the rally over the past week was the strongest of the year.
ARTICLE SYNOPSIS...The NYSE Composite Index has broken the bearish flag & pennant pattern.
ARTICLE SYNOPSIS...The Nasdaq advance since mid-August may seem impressive on an absolute basis, but the real strength resides in the NYSE Composite.
ARTICLE SYNOPSIS...Like every other broad market index, the NYSE Composite has taken a severe beating. However, signs of life on both the daily and weekly time frames suggest that a significant low has been made.