Today was a step in the right direction for the bulls, but I noticed on my contra screener that SRS was positive. I find that extremely strange given the large percentage gains of the indexes. Could be something to keep an eye on in the coming days. Also note that SRS has managed to stay above it’s 50 moving average for longer than a day or two as most every other attempt had been thwarted.

srs

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2 Responses to “Odd Contra Action”

  1. bigmovingstock Says:

    Inverse etf's showing strength lately – if this guy is right http://www.etf-corner.com/markets/ they will go higher

  2. Tom Says:

    Jeff, good pick up.

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