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NYUD at 10 year high! Is worst behind?


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#1 Rogerdodger

Rogerdodger

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Posted 14 September 2020 - 09:05 PM

First let me say that I sold some rental property in December and couldn't be happier:

Eviction Filings by Big Landlords Surge...

 

Better lucky than good...

 

Today's NYUD reading is the highest that I can find for the last 10 years.

That extreme is often followed by a bit of a pullback (Weird Wally Wednesday?)

But T Theory uses such positive data to build new T's:

We are resting near the middle of the Keltner bands. We are at a support level, around 3310 if you look at the link to the companion chart in the menu. The last 2 Ts ended mid-June and early September, and were caught by T-Theory. The June T slide ended at the middle of the Keltner bands. Could that happen here?This week should tell us if the worst is behind us.

September 12, 2020  https://ttheorygroup.science.blog/

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