Looking for new ATH's within a month.
Expecting Powell to use very moderate language to give the Bulls one last hurrah.
[Last Friday and Monday were mild panic's, based on all the metrics previously described on here/twitter, that can be faded]
Expecting Powell to use very moderate language to give the Bulls one last hurrah.
[Last Friday and Monday were mild panic's, based on all the metrics previously described on here/twitter, that can be faded]
Nota
Sept 28th and 30th were quite perculiar, market-internal-metric-wise.The behaviour on the 28th has only happened 3 times since 1980.
The 30th, a lot more, but both have average +ve outcomes after 20-30 trading sessions.
I have plotted/charted all the outcomes, and posted on twitter.
[NB most of the metrics I use, can be found on this TradingView website]
Nota
NB most of the "metrics" I calculate, can be found on this TradingView website, "Leadership", "Breadth", etcNota
Since this was posted (22nd), the Rusell 2000 has held up better, with the least -ve decline.Now will be watching its range highs for more clues about the stock markets in total- as Tech/Growth are clearly struggling
Nota
If RUT can close 2250+ (over halfway of the range 2150-2350), don't be surprised if we rally 6-8 days on the bounce. (All US stock indices, including this one NDX)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.