Publish date:

The Daily Chartist: Still Choppy and Sloppy

Little has changed in the way of statistics for the overall market, Helene Meisler says.

June 30

Very little has changed in the way of statistics for the overall market. The advance/decline line's been strong and volume has picked up, which are good signs. With the market's slightly overbought condition, portfolio dressing at the end of the quarter, the employment report on Friday and, of course, the long-awaited

FOMC

news, I expect some choppiness for the remainder of the week.

New Highs and New Lows

Overbought/Oversold Oscillator

Cumulative Advance/Decline Line

Helene Meisler, based in Singapore, writes a technical analysis column on the U.S. equity markets on Tuesdays and Fridays, and updates her charts daily on TheStreet.com. Meisler trained at several Wall Street firms, including Goldman Sachs and Cowen, and has worked with the equity trading department at Cargill. At time of publication, she held no positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. She appreciates your feedback at

TheStreet Recommends

KPMHSM@aol.com.