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Things look good, maybe too good. When I look at Vanguard’s Total Market ETF (VTI) I like the fact that the fund has returned to trading above all its daily moving averages: At the same time I’m happy that Barchart’s Market Performance Indicator showed that the majority of stocks are trading above all their daily moving averages: Market Performance IndicatorBarchart Market Momentum Index ($BCMM) [-1.59%] is an exclusive index used as an indicator of change in overall markets. It reflects the movement of stocks who fit the following criteria: must have current SEC filings, must have traded for …

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