Will Stocks Decline Further?

10/21/2009 10:19 am EST


Thomas Aspray

, Professional Trader & Analyst

Click to Enlarge

Mixed economic numbers and profit taking pushed stocks lower on Tuesday. The A/D line did make new highs this week, however, confirming prices. The McClellan oscillator has dropped back below zero and is likely to decline to oversold levels at -200. Only strongly positive A/D numbers on Wednesday could move the oscillator back above zero.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
MSG Networks: A Sporting Chance
12/12/2018 5:00 am EST

Validea is an advisory service which assesses stocks based on the investing criteria of many of the ...