Today there were three signal changes: The S&P 100 Index ($OEX) and Nasdaq 100 Index ($NDX) had Short-Term Trend Model (STTM) signals change from BUY to NEUTRAL. And the Nasdaq 100 ($NDX) intermediate-term PMO BUY signal changed to SELL.
The two daily charts of $OEX and $NDX below show the 5EMA crossing down through the 20EMA, generating STTM NEUTRAL signals.
The $NDX weekly chart below shows the weekly PMO crossing down through its signal line and generating a weekly PMO SELL signal.
Happy Charting!
- Carl
Technical Analysis is a windsock, not a crystal ball.
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Price Momentum Oscillator (PMO)
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