Sunday, August 15, 2010

Market status as on Aug 15, 2010





The market is still bearish, as seen by the red bar color.
It is now touching the 50 day average.

Google has turned bearish..red color bar.





Apple is already bearish.




As you can see in Apple chart, it is very choppy and so gives fake buy and sell signals. DreamTai does not work very well for choppy stocks.

One way to get round this is to use a longer time frame.

I am still doing research for handling choppy markets.