Monday, May 27, 2013

NYSE posts an OUTSIDE DOWN Week, not so the S&P500.

NYSE Weekly Close @ 05/24/2013
Just like the NASDAQ100 (NDX); the NYSE has posted an Outside Down Weekly chart pattern.
The benchmark S&P500 has NOT; should we care?
Additionally; the Philly Bank Index ($BKX) has only witnessed an 'Indecisive' Weekly pattern; not enough to 'hang on one's hat on'....yet.