HiLo Logic Index suggests the wash out is about done

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-03-25 at 12:08:34 CST

In late January, there were a lot of technical warning signs that had been building. Now, we're seeing the opposite. The HLLI for the NYSE and Nasdaq have both dropped to an extremely low level and should start to recover, suggesting that the market is washed out.

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