Wednesday, February 18, 2009

LT DJIA

Here's a chart of the Dow using the same study I used the the last post. The orange line is the difference between the 34 and 13 EMAs, relative to it's 34 EMA (The line is in ratio form to account for the difference in price over time). When the line goes up, it means price has declined quickly. The highest level ever was in 1932 at .27. The .12 we saw at the end of last year was the highest level since then. This just shows us how large and how quick the sell off really was in comparison to the past.

Dow Jones Industrial Average

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