Market Commentary: NLX NASDAQ Turns Bearish

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Market Commentary Following The Underlying Trends of the NYSE and NASDAQ Composite Indexes

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It is a simple to understand metric designed to determine the underlying trends of the NYSE and NASDAQ Composite Indexes.

The index works as follows:

+100 Bullish Signal

-100 Bearish Signal

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1. Whimper
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2. NLX NASDAQ Turns Bullish
  Friday, July 23, 2010
3. Friday Fall
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  Tuesday, July 13, 2010
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NLX NASDAQ Turns Bearish

The NLX NASDAQ turned Bearish after being Bullish for 29 calendar days since 12/16/08.

NLX NYSE -93

NLX NASDAQ -225

These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed.

Past performance does not imply future results.

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