Charting Last Week (6/4 - 6/8/12)

The Daily Leading Index fell by 0.32% to 6.47% and is down 2.50% month over month. The Daily Coincident Index stayed at 3.19%. The Daily Leading Index page on the tab above is updated daily during the week. Equities rebounded sharply from being oversold last week. U.S. equities posted their largest weekly gains this year. The red (or green) area indicates 2-3 standard deviations above (or below) the normal 21 day trading range. The gray area indicates 1-2 standard deviations above (or below) the normal 21 day trading range.

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Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.