8 replies to this topic

[diogenes227]

From the link:

 

 

Once again, the market internals, ruled by short-term and long-term breadth, called the swing low, the turn, and the rally (see the circles and lines on the chart below).

 

So why bring this up now?

 

Because there is more to come in this bull market, either right away or right after a shallow pullback. The short-term breadth indicator is just too strong to be turned on a dime, and with the long-term breadth having just come out of a divergence itself (see the circle in the middle of the chart), there is a good chance this rally has another three, four, or more weeks to run before any significant sell-off is possible. So every dip is to be bought, and every surge savored.

 

For more discussion and the chart:

 

MARKET TIMING - long, strong, with more to come

[da_cheif]

better late then never.....675ono      snort

[alexnewbee]

better late then never.....675ono      snort

LOL, you were nowhere to be seen @2600 but after the rally your post count goes exponential )) why is that?

[NAV]

 

better late then never.....675ono      snort

LOL, you were nowhere to be seen @2600 but after the rally your post count goes exponential )) why is that?

 

 

It's called the "Superman Costume Indicator" :-)

Edited by NAV, 12 March 2018 - 01:53 AM.

[andr99]

 

 

better late then never.....675ono      snort

LOL, you were nowhere to be seen @2600 but after the rally your post count goes exponential )) why is that?

 

 

It's called the "Superman Costume Indicator" :-)

 

 

it's my favourite confirmation tool.....

[da_cheif]

 

better late then never.....675ono      snort

LOL, you were nowhere to be seen @2600 but after the rally your post count goes exponential )) why is that?

 

of course 675 ono and watch the sky meant nothing to you......and you fought the tape all the way up       http://www.siliconinvestor.com/readmsg.aspx?msgid=29309213&srchtxt=red%20line   ....   get a life

[OEXCHAOS]

And he was on vacay.

[CLK]

Gapped up to a new swing high, short term bearish.

[q4wer]

I believe that this rally is a relief of US - NK tension. New high is very likely.