RE: Stan Weinstein's Stage Analysis
(2017-06-29, 09:58 PM)GlobalCitizen Wrote: Thank you for elaborating. I see those indicators breaching the 30 and 70 lines. Is it preferable to see them between those 2 lines?
Think about the percentages of each and the direction of the percentages. Remember they show the long, medium and short term data of what's happening under the surface of the US market. So for example the markets are near to their highs still even with the pullback this week, but the amount of the stocks pushing those stocks higher has been stagnant or declining for a while now, so it's not a sign of a healthy market, as less stocks are supporting the Stage 2B. So suggests some caution at least imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.