AU Firm, OEX Bullish Percentage Infirm, OEF Ripe

Reflation Rally Fading, But AU Firm Short Term Bearishness on the OEX Picking Up Pace The 50-day moving average in the OEX bullish percentage chart is threatening to cross the 100-day moving average. It's a bearish sign that could signal a sell off in the OEX and OEF, the exchange traded fund that tracks OEX. When Moving Averages Cross, Buy Puts on OEF Two of the three times the short-term moving average crosses under the longer-term moving average, OEF has sold off by an average of thirty percent.