This is a second day of a parabolic sar bull signal, and the macd and stochastic are weakening toward bearishness.
The psar signal is in line with a trend that began in early February.
The last psar bull phase lasted for 16 trading days, and the second day of the signal showed a sharp rise. The entire span of the signal showed an 11% rise.
The bull phase prior to that lasted 21 days, with the price increase right out of the box and a total increase over the life of the signal of 13%.
So today's behavior is unusually weak, and may indicate that the entire uptrun that began in early February is beginning to wane.
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This signal will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.
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