Friday, May 11, 2012

Dax situation 11.5.2012

Stock correlation has been rising which is usually a little bit worrisome sign. 

The intermediate term trend is down while McClellan indicator is decreasing. 

50 day cycle doesn't either show any signs of bottoming yet.

Dax volume index has been leading the way down.

But still the investors have been willing to increase the risk of their portfolios.