Preliminary buy signal on Al's Daily Indicator today with a bounce up off a low reading of .812 from yesterday. A preliminary buy occurs on any move up off a low reading below 1.000, buy is confirmed with a spike above the 1.000 level.
Tuesday, October 1, 2013
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Al, what do you make of the fact that the indicator has registered lower lows while the index made a distinctively higher low?
ReplyDeleteDoesn't mean anything significant.
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