Here’s what point & figure charts say about the current market:
- Dow: NEUTRAL
- S&P; 500: BEARISH Oct. 17 long tail up
- S&P; Midcap 400: NEUTRAL
- S&P; Smallcap 600: NEUTRAL
- Russell 2000: NEUTRAL
- Nasdaq: NEUTRAL
- Nasdaq 100: NEUTRAL
That should clear things up for you.
