On 04/29/22 the NYA made its lowest close since its decline began in early January 2022.
Yet the number of NYA stocks making new lows has decreased.
Additiionally the big price drop on 04/29/22 was accompanied by a big drop in new lows.
This decrease in new lows is coming at a time when bearish sentiment based on the CBOE ratio is at a two year high. Please...
Within a downtrend, I interpret this as a hidden bearish continuation divergence.
En medio de una tendencia bajista, interpreto que el oscilador de McClellan está mostrando una clara divergencia oculta de continuación bajista.
Here's an overview of the NYSE exchange and some key reasons why we have a hard stop here. If we continue this downward pressure we will break all of these lines of support. All of the lines are on the chart are drawn, form support! There are alot more but these are the ones the mean the most. Smaller time frames under the daily indicate a Double bottom, but...
The NYSE composite has spent the last year building a classic broadening top pattern. The pattern develops as strong hands distribute to weak hands, and when it occurs, often marks a transition from bull to bear.
1. Broadening formations are relatively rare and because the pattern itself is difficult to trade systematically (as the boundaries are continually...
This Hot Mess is DOA.
Shattered, not merely broken.
An event that closely followed the ES / Value Line
correlation but with far more Gusto.
The ONLY events that turn this are Monetary and Fiscal
Policy changes to encourage the Zombies to join.
'Twas a market full of bulls,
In a world of delusion,
Then came covid,
To super charge the illusion.
The Portnoy gamblers,
The Wall Street betters ,
The Tik Tok traders,
The gamma squeezers,
One by one they arrived
Dreamin' of the YOLO
Or quivering from the FOMO
Fueled by the FED
And their MMT!
Nobody gave a hoot about reality!
Been a while folks. Time to be...
Basic Materials, Consumer Cyclical, Financial Services, and Real Estate are the Primary Sectors
of the NYSE Composite.
We indicated the NYSE COMP was reaching an extreme A/D low and suggested a rotation would
likely provide lift.
It does not appear to be sustainable, but for now, it's in...
Would be using the chart posted to Help you to be selling out of I.T. AND LONG TERM positions as the blow off should go thru the top of this channel equal or near equal as it did in the panic into march 23 2020 gold ratio and spirals in time panic due 3/18 to 3/21 2020 posted in feb 2020 .I will be posting the spirals and more over the weekend...
The Broadest Measure, it showing signs of the furthering Depression's expansion.
Independent Producers Dissolving.
Supply isn't needed when the large segment is slowly driven out of Business.
It is that simple.
I need the nysi to get down to a from the 500 area to a minus 600 I have siad the avg drop in nysi if it fails at the 500 which it did should drop an avg of 1100 basis points . no change till that outside of C wave crash to which I THINK WE JUST STARTED SEE THE SP CHART POSTED THE ENDING OF WAVE B UP Look for a sharp C wave down. AND I think that will...
Beginning to see signs of Coca-Cola meeting Mentos - YouTube it.
When the Mentos hit the Coke and the Cocaine remains Pure Bolivian
Fish Scale.... the results are explosive.
The Range here is extreme, Components on balance have been smoked
Many Companies within it are Zombies Financially.
Smiley Virus knows and belts it out in convincing...
The chart posted is that of the NYSE posted are every clear turning points as well as the pullbacks thru the last 50 years since we left a fixed amount of money end of BRETT WOODS. expansion of DEBT CYCLE But this cycles goes far beyond
As you can see the LAWS of Nature Have been repeating very clear cycles . I see no GOVERNMENT OR BANKING SYSTEM too to be able to stop these cycles no more than a WAVE IN THE OCEAN from hitting the shore . it is just a law of nature that is all things be it TIME or markets. . .LIVE A SIMPLE LIFE IS MY WAY OF LIFE as I am grateful for my being a...