It’s time to practice a little internal medicine with the markets. Kevin Cook isn’t a doctor, but he tries to play one with the charts. Watch the video as technical trader Kevin Cook looks at the the internals for some very specific charts to gauge where the market is headed.
[youtube height=”326″ width=”580″]http://www.youtube.com/watch?v=Y28dMapY3PQ[/youtube]
Charts included:
Russell 2000 vs S&P
Saftey vs Growth, XLP vs XLY Consumer Staples vs Consumer Discretionary
NYMO NYSE McClellan Oscillator
NYSI NYSE Summation Index