Interesting

I have NOT been all that happy with the sentiment on the decline, but I note that my "Best Trend Indicator" never turned negative and my cumulative breadth didn't either. I'll be curious to see if we turn the stochastics up and Selecto's indicator as well. I'm kinda Bullish, with caution.

Mark, Can you post a chart of Selecto's indicator? I keep hearing about it, but never see it? TIA ~D

Edited by dowdeva, 27 June 2012 - 03:46 PM.

Hi Mark, thanks for the information. Please put up Thursday's polls-thanks. Cheers, Bob-C

Edited by Bob-C, 27 June 2012 - 03:51 PM.

I'm kinda Bullish, with caution.

Exactly what I am right now.

i support your sentiment concerns as my internal charts all reflect our short term positive action while in a bearish trend. just checked my long term cumms and i see some similarities to the daily chart stories as price action is moving thru an area which is prone to choppiness with long term oscillators between major MA areas. cumms and other indicators are all above the short term support MAs produced by the June 4th bounce but below the descending long term MAs produced by rollovers in april which diverged with price until the declines in may. if one looks at a simple daily MA like a 9 11 13 or whatever,.. we see that price is trending below and just today bumped it's head to close there. which is another reason why i posted my heavy lifting thread. i'm suspecting we see more choppiness from the price area we either reached today, or are about to tomorrow. at resistance i suspect we get rejected retest some lows possibly of the June 4-5th lift off area. if that were to happen most if not all my internal charts would find their support MA areas and have an excellent chance at moving higher to re test or even rise above the overhead resistance MA areas which developed last april. if and when that happens, it would likely turn my long trend indicator bullish again.

Edited by Mr Dev, 27 June 2012 - 04:16 PM.

Moving to C pt in ABC down. Dow to 12728 then D at 12280 Russell and NDX will lead the way down. Not time to be bullish . Best, Islander.

Edited by Islander, 27 June 2012 - 04:25 PM.

Internals are quite strong. This market has a history of gapping through resistance. Just sayin...

I'm kinda Bullish, with caution.

Mandate down >> market up