Some interesting changes taking place on the SharePlanner Reversal Indicator.

First, you have the daily getting a little overheated. Not to the extremes yet that we are used to seeing reversals take place at, but still enough to keep a close eye on it. 

SharePlanner Reversal Indicator Weekly 10-13-13

 

The weekly has also changed on us with an in-route reversal on the verge of happening to the upside. Not overly surprising considering how the so-called government shutdown created the downside reversal in the first place. Now that it is resolved, this kind of reading doesn’t surprise me. 

SharePlanner Reversal Indicator Weekly 10-23-13

 

 

 

 

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