intermediate and long term at critical junctures.
http://stockcharts.com/freecharts/gallery.html?$NYA50R
http://stockcharts.c....html?s=$NYA150
http://stockcharts.c....html?s=$NYA200
http://stockcharts.c.../McSumNYSE.html
http://stockcharts.c...-sc/ui?s=$bpspx
http://stockcharts.c...-sc/ui?s=$bpNYA
Momentum improving or not?
Started by
tomterrific14
, Mar 19 2013 05:05 PM
2 replies to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 19 March 2013 - 05:13 PM
Volume accelerating to downside, there's your momentum...
http://stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=1&dy=0&i=t54662290012&r=1363731039465$.png
http://stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=1&dy=0&i=t54662290012&r=1363731039465$.png
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
PrintFaster
-
- Traders-Talk User
- 1,683 posts
Member
Posted 19 March 2013 - 05:39 PM
Volume has always accelerated on down days for the last 4 years.
Too many weak-kneed fund managers hit the F12 "Sell Now!" button any time there is a chance of another crash.
Once these guys are flushed out, Bernanke puts his foot on the gas again, pumps more fuel into the economy, and up we go to higher highs.
Then those poor guys who panicked and sold have to buy back in at higher prices.
That is why so many managers have underperformed, none have outperformed the S & P because they are too busy being top picking heroes.
We are now in a "Buy and Hold" market, as long as Bernanke, Draghi, and Abe continue printing.
5-year SPY Chart
Too many weak-kneed fund managers hit the F12 "Sell Now!" button any time there is a chance of another crash.
Once these guys are flushed out, Bernanke puts his foot on the gas again, pumps more fuel into the economy, and up we go to higher highs.
Then those poor guys who panicked and sold have to buy back in at higher prices.
That is why so many managers have underperformed, none have outperformed the S & P because they are too busy being top picking heroes.
We are now in a "Buy and Hold" market, as long as Bernanke, Draghi, and Abe continue printing.
5-year SPY Chart
Edited by PrintFaster, 19 March 2013 - 05:41 PM.
