Technical Indicators Improving

03/16/2009 10:03 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

Many of the weekly and daily technical studies did not confirm the recent lows and have now turned up. The weekly RSI3 was a bit higher last week and would look very encouraging with a higher close this week. The Summation Index has formed two positive divergences and a move above its WMA would be bullish.

Related Articles on STRATEGIES