Market Technical Update

Just to touch base with everyone some charts are below showing where we are from the last post on the downtrend. The NHF sidebar portfolio is short still even though the 50 day moving average bounce is in full effect. The longer term trend is still pointing down, but will announce if there is a change with our position. The charts below have some notes pointing out items of interest to keep in mind.
Click full post to view….

Going from shorter term to longer term the first chart is a 6 month daily chart with a 25, 50, and 200 day moving average.  Also shows the support and resistance lines and slow stochastics.

Next is a 2 year weekly chart showing 25, 50, and 200 week moving averages along with slow stochastics.

Last is a 3 year monthly chart with a 25, 50, and 200 monthly moving averages with slow stochastics.