fib_1618, please excuse my ignorance. What is the "BETS indicator" that you noted above?
Regards,
Douglas
Just a little indicator that I've been publicly sharing for the last 17 years on a weekly basis...it's based on the cumulative charts data of both breadth and volume.
You can see this weeks data by clicking on the following link: https://tinyurl.com/yxsdtpvs
wats with this :>) >BETS -25: Open Shorts with Protective Bullish Stops (above market)<
Purely mechanical...the indicator has done a great job over the years of keeping traders on the correct path.
Again, this is the first "initiate short position" call since March 6th of last year...10/19/18 and 7/3/15 before that... textural pauses in the longer term degree of trend.
Right now, if I had to guess, we're likely to have a period of indigestion for the 1st quarter of 2022....maybe even the first half. <shrug>
Anyway, it is what it is until it isn't.
Fib
theres a good reason to look at january 2022 for a reaction https://www.siliconi...?msgid=33410786