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Issues >50dma R2K


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#1 viccarter

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Posted 09 November 2017 - 10:06 AM

Although I have limited data on this going back on 7 years, from my work with this data, it will be very hard for R2K to continue to sell daily here without a short squeeze.  So I am not calling a bottom per se - I am just saying that the likelihood of a squeeze is very high.

 

We will likely 1. close higher by EOD or 2. gap up tomorrow.   



#2 q4wer

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Posted 09 November 2017 - 11:45 AM

but by the end of next week, it will be interesting.



#3 Data

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Posted 09 November 2017 - 12:43 PM

You can see the divergence between breadth and index value for the S&P 400 midcap index here (others can be charted also).

 

http://www.indexindi...params-x-x-x-x/