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Monday, October 13, 2014

S&P500 Hits 200 Day Moving Average While Fear & Greed Index Inches Higher

Today the S&P500 Index went below its 200 Day Moving Average, MA(200) or 200DMA, for the first time in almost two years.  This is one of the longest periods ever without a touch of the 200DMA.

Yesterday in Martin Pring's Market Roundup, Pring pointed out it was a 50-year record!


This AM, the Fear and Greed index has recovered to a still very fearful 2 from its record low set Friday:
Saturday, October 11, 2014
Fear & Greed Index Record Low - Put Call Ratio Bullish

I added to my personal positions today from my Explore Portfolio list at or just below where I set buy alert prices for my subscribers.  (that is I added even more shares to what I bought when I sent out the buy alerts.  I see today as a second chance to get some more.)


Mon. 10/13/14 @ 1:14PM PST Update:  Fear & Greed Closed at ZERO!  

This tells me the index is flawed as it should have the ability to go lower.

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