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Stocks Broke a 4-Day Losing Streak

August 27, 2010 | Author

Stocks Broke a 4-Day Losing Streak
by Robert W. Colby

Summary: Stocks broke a 4-day losing streak. But is it significant? Financial stock sector Relative Strength Ratio (XLF/SPY) fell to a new 9-month low on 8/25/10 and remains bearish. Absolute price fell to a new 12-month low on 8/25/10 and has been in a bearish trend since peaking on 4/15/10. Cru…

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