NYSE short sales easing

NYSE short sales and daily volume are trending lower, suggesting that selling pressure is fading.

NYSE Daily Volume & Short Sales

3 thoughts on “NYSE short sales easing

  1. Graham says:

    The future, however, is not looking bright at all, sorry.

    All the major medium-term trend indicators, including very reliable moving averages of convergence/divergence, trending DOWN now. the correction has much further to go down in the medium-term.

    I’m looking for 15, 000 on the Dow, before the bottom sets in.

  2. Sam Broom says:

    Futures looking bright for tomorrow as well. Could be a short term rally here, but mid to long term, things still looking reasonably dire in my opinion.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s