Jump to content



Photo

DAX is dead: -20% by March 2018


  • Please log in to reply
12 replies to this topic

#11 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 8,193 posts

Posted 22 November 2017 - 06:11 PM

nyad    ,..weekly nyse ad line actually bottomed in march 2000   after toppping in 1997.....and has been melting up ever since.....now that was  a DIVERGENCE   if u want to talk about divergence......the result of this monster positive divergence is now apparent......675 ono



#12 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 8,707 posts

Posted 22 November 2017 - 06:31 PM

Big divergence with the A/D line. You don't see anything that severe in US markets except for the 2000 top.

 

And cumulative breadth can continue to diverge for weeks, if not months, before it finally makes an actual difference to a price chart.

 

Fib


Better to ignore me than abhor me.

Wise men don't need advice. Fools won't take it. - Benjamin Franklin

Technical Watch Subscriptions

Technical Watch Twitter Page

Technical Watch Facebook Page


#13 opinionated

opinionated

    Member

  • Traders-Talk User
  • 4,517 posts

Posted 24 November 2017 - 06:41 AM

ST,

 

If you see this question,...

 

On what basis do you see this rather large decline?  Purly technical?  Or news events such as economy?

 

Thanks


Edited by opinionated, 24 November 2017 - 06:42 AM.