Index Review

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Below is a walk-through of eleven important cash indexes. In every single one, I have applied the Williams %R indicator (14 days), and the 50% retracement from the Fibonaccis is shown as a bold horizontal line. The only exception is the Russell 2000, whose line is at 38.2%. Please click on any chart for a larger view and to see the symbol/name in the upper left.

slopechart COMP
slopechart COMPQ
slopechart INDU
slopechart RUT
slopechart SOX
slopechart SPX
slopechart TRAN
slopechart XBD
slopechart UTIL
slopechart XMI
slopechart XOI