This is update 5 for the Signpost after the Whaley Breadth idea post in Feb'23
If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occurred only 12 times!
🛠️ INDICATOR
For my followers, I even made a special indicator for the Whaley Breadth...
This is update 4 for the Signpost after the Whaley Breadth idea post in Feb'23
If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times!
Based on the Whaley Breadth Post and January Trifecta we drew a potential map for the next 3,...
This is update 3 for the SignPost after the Whaley Breadth Post.
If you remember The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times!
Based on the Whaley Breadth Post and January Trifecta we drew a potential map for the next 3, 6 and 12...
I am updating for 2nd time the SignPost after the Whaley Post.
Make sure you see the section related ideas under the main text to this idea. This will show you links with timestamps of the first time I wrote about it a month ago.
So far the action has been to the point of my expectations.
I will use this chart further on during the year to see how it moves.
I am updating how we are progressing on the post I shared on 4th of FEB
So far the action is normal compared to historical precedents. Read the linked post.
My anticipation is that we can go another 3% lower from here.
I wil use this signpost as a map for the year unless we start getting large deviation from it.
What can help us guide forward expectations?
According to the Whaley Breadth Thrust Signal there is Normal and Abnormal action
FIRST 6 WEEKS (end Feb)
- 3-5% pullbacks would be normal
FIRST 12 WEEKS (end Jul)
- Forward Gains are approximate 12%
- 5-6% pullback would be normal
6 MONTHS Forward
- Forward Gains are approx +17%
I HAVE MADE THE WHALEY...
