THE STRETCHED NUMBERS
After the big sell off - some key numbers as follows:
SPX - 7.5% or 108 points under the 50 SMA; RSI (2) 35
DJIA 6.3% or 825 points under the 50 SMA; RSI (2) 39
QQQQ 11% and $5.55 under the 50 SMA; RSI (2) 28
VIX- 9% above the 10 SMA;
VXO -11% above the 10 SMA;
NYSE New Highs- 20
NYSE New Lows- 34
NAZ New Highs- 12
NAZ New Lows- 79
New lows peaked on Tuesday with 1,114 on NYSE and 877 on NAZ;
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