Just a quick note that we got renewed short term buy signals today after 6 weeks of "digesting" the breadth thrusts of November/December which created complex bullish structures on many of the breadth and volume McClellan Oscillators. With the New York Composite Index closing at new all time highs today, and the NASDAQ Composite 152 points away from joining the party, this round of buy signals should be respected for what they may technically suggest as it now appears that we're going see further gains for at least another month. And if the NYAD line can move back into new all time high territory, along with the current 45 degree angles of ascent that we see with many of the index price charts...gosh, golly and gee whiz. 
I guess the Zweig Breadth Thrust EMA buy signal that was posted on this board back on November 6th turned out to be a very good one this time around.
Fib
Edited by fib_1618, 15 February 2024 - 11:22 PM.
