Charts of the Week: Friday, June 22, 2012

The US stock market definitely seems to be bucking global headwinds, which is evident in the difference in the recommendations provided by our US Equities and International Equities Market Trend Analyzers (shown below).

(Click here to learn more about our Market Trend Analyzer.)

However, here at home, the oscillators (shown in the chart above) have moved back to overbought, so the market now needs to correct.

Don Hays

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