Tuesday, March 22, 2011

S&P 500 and Sector Trading Range Charts

Hickey and Walters (Bespoke) submit:

Below we provide our trading range charts for the S&P 500 and its ten sectors. In each chart, the blue shading represents between one standard deviation above and below the 50-day moving average (white line). The red shading represents between one and two standard deviations above the 50-day, and vice versa for the green shading. Moves into or above the red shading are considered overbought, while moves into or below the green shading are considered oversold.

As shown in the chart of the S&P 500, the market's long period of trading in overbought territory quickly came to an


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Malin Akerman Melissa Joan Hart Bianca Kajlich Giulianna Ramirez Ashley Greene

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