For years now Gov't has been bailing out markets by back-stopping risk for investors using various names
such as the "Cares Act", "Tax Cuts" etc.. under the gist for the people's economy. More and more deficits,
QE, ZIRP etc.. As a result, we have all witnessed massive asset price inflation. This chart shows us how
every time the markets dropped "stimulus" was...
The NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average.
This chart, although looks like driven by fundamentals - has created perfect tops and bottoms to be able to chart it. We have re-touched the bottom on the midterm and value is still withing this descending channel - but all looks like in favor of some relief by...
I'm surprised that no one on Trading View posted this chart today.
The NDTH is a chart of the percentage of Nasdaq 100 stocks that are above their 200-day moving average. It dropped to 6.86 today. This means about 94% of Nasdaq 100 stocks were below their 200-day moving average. The last time this level was reached was in March 2020 right at the bottom of the...
There's so much going on right now, but I think this chart sums it up for assets in general. This is a fairly simple idea I fantasized a while ago and it played out to my surprise. Every once and a while, the percentage of bullish stocks doubles, and then a selloff happens. Unless we can break this symmetry and make a clear break above 25, we should not expect...
This is not a one stop signal - but it does give some confluence that odds are a bounce or bottom are coming either her already or soon. However the macro conditions with recession/depression here plus QT and rising rates and supply chain issues paint a different story. Which is it?
I suspect we have a lot more pain ahead next 24 months to 8 years of this...
VX2/VX1 Looking at Extremes in the Slope of the VIX Futures Term Structure overlayed on my Breadth Chart.
This is just to show how the signal works with the breadth chart I use to illustrate how complementary Simple Breadth + Vol Metrics Can be for Long Term Buying/Selling.
Looking back it's hard to find a time when this wasn't the leading best signal for a sizable rally in stock markets (and likely crypto will bottom ahead of this bottoming out). Just have to wait for the break of the downtrend.
An interesting comparison between the nasdaq (log) and the number of stocks in the nasdaq above the 200 day average. It seems to me that any time the number drops to 30 or less (into the red channel), then within the coming months continues to correct further until only 7-12 stocks are above the 200 day average. It looks like this last around 1-2 months before it...
The scale is from 0-300. Combines the Russell 2000, Nasdaq, and S&P percentage of stocks above the 200 day MA.
Looks like the market should take caution if you take into account the trend of inflection points...
Good luck and hedge your bets!
NDTH’s long-term trend chart is presented. ____
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an...
NDTH’s mid-term trend chart is presented. If you did not know the NDTH index, it is advisable to learn it
and monitor it because it will help you understand what phase the market is at any time,
in combination with other indexes and indicators of course.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market'...
