Gee, Think.

This is the Qs with Simple Moving Averages (SMA) of the 5 and 8 week period over the past 9 months.

The 5 week moving average moved under the 8 week moving average in the week of 5/8 (5/11 Bernake scared the markets). The spread between the two averages moved a bit closer around 6/12 to 7/1. This was temporary though, and the spread widened again.

There was significant upward movement in the Qs today, more that 70 cents. The weekly moving average, however remains unchanged. I think this is because the the week has just started, and so hasn’t been included in the average yet.

However, the trend still looks to be downward.

This entry was posted on Monday, July 24th, 2006 at 11:51 pm and is filed under analysis, market, stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.