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Bull markets....


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#1 LMF

LMF

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Posted 14 January 2017 - 01:45 PM

The VIX is acting like a pretty good dead dog since the election......no correction on the horizon until they can keep it above the 20 day EMA day after day.  And then above the 200 day MA some day.  Could be May before that happens.  One of my favorite indicators for a bull market is counting consecutive weekdays without closing below the 200 day MA......I don't have the long term databases to determine the all time champion in this department, but gold managed 752 days by my count from January 2009 going into the 2011 top. Pretty good for a raging bull these days.  I"m thinking the NDX may be able to make a pretty good run at it from here.....