Small caps outperformance of Large caps began on brexit and continues to grow stronger. The market strength can be seen in breadth measures.
R2k outperformance of S&P 500: The strong trend continues...
Started by
jjc
, Aug 26 2016 06:56 AM
5 replies to this topic
#2
robo
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- Traders-Talk User
- 1,217 posts
Member
Posted 26 August 2016 - 07:39 AM
IWM is now very close to testing the Oct 2015 high of $126.56
http://stockcharts.c...386&a=474308965
http://stockcharts.c...213&a=474307410
The Bigger Picture....
http://stockcharts.c...877&a=472397514
http://stockcharts.c...166&a=473523852
What I'm currently trading.
http://stockcharts.c...906&a=473521647
http://stockcharts.c...527&a=473521563
http://stockcharts.c...768&a=473907531
Good trading.
Edited by robo, 26 August 2016 - 07:49 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
#3
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 26 August 2016 - 07:59 AM
A good pilot always is in touch with his PRIMARY INSTRUMENT... it is NOT THE RUSSELL....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
jjc
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- Traders-Talk User
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Member
Posted 26 August 2016 - 09:11 AM
A good pilot always is in touch with his PRIMARY INSTRUMENT... it is NOT THE RUSSELL....
Yes, Semi's are on fire. The point being it is a broad market advance.
#5
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 26 August 2016 - 09:14 AM
Always be aware of YOUR MOST SENSITIVE INSTRUMENT...
It's going to give you the HEADS UP FIRST....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
Geomean
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- Traders-Talk User
- 1,177 posts
Member
Posted 26 August 2016 - 10:18 AM
So much for fundamentals and hurray for mania -- the Russell 2k PE was 100 in Feb 2016, went negative in March and continues negative.
Opportunity knocks on your door every day-answer it.
