From Strength to Weakness

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As minor as this “show the name in the watermark” feature seemed, I’m actually already quite fond of it. Anyway, I’ve overlaid three exponential moving averages (200, 100, 50) on top of some major U.S. stock market cash indexes. I’ve ranked them from what I consider to be the strongest at the top to the weakest at the bottom. Let’s roll through these:

slopechart NDX
slopechart COMPQ
slopechart SPX
slopechart COMP
slopechart RUT
slopechart XMI
slopechart UTIL
slopechart TRAN