This Week's Closes Could Confirm Cycle Highs
NEW YORK (TheStreet) -- August ended with negative weekly chart profiles for Dow Industrials, S&P 500 and Dow transports, but not for the Nasdaq or Russell 2000. Read: The Deal: Microsoft Spends $7.2B on Nokia Unit The Russell 2000 ended August at 1,010.90 below its five-week modified moving average at 1024.96, but its 12x3x3 weekly slow stochastic reading is 81.85 still above the overbought ...
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