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Monday's Update

Monday, September 29th. - Stock Trends, Charts, and Commentary 
                           (***If you see last week's Monday Update do a refresh: Click Here
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Today, we will show the NYA Index going back to 2003 on a chart with monthly ticks.  What is clear, is the Bull-Bear cycles since that time when using an 11 Month RSI.

On this chart, you can see when the Bull Market died in 2007 and how the NYA is now perilously close to the same fate now.   In order to avoid the problem, the Fed will need to continue with its QE program and  not end it.

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