Market Action Journal

Finance, markets and stock analysis

II Sentiment Sept 8, 2009

Posted by tktrader on September 14, 2009

Investors Intelligence B/B bull readings 40-60 are generally constructive.  Above 60 is excessive and below 45 is very negative.  Readings below 40 are extreme, below 30 should give confidence that most heavy selling is complete.  These general rules have held – look at the charts!

ii1

ii3
ii2
Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

 
Follow

Get every new post delivered to your Inbox.